Restaurant for sale in Fuengirola

Well-established hotel on busy main road in between Cordoba and Seville. The hotel currently consists of 19 ensuite bedrooms and is having a further 24 built which are due to be completed at the beginning of 2004. The Hotel has a Cafeteria, which can seat up to 60 people and a separate restaurant, which can cover up to 140. The hotel has full air conditioning, satallite television a large terrace and car park. As well as the main hotel, there is a separate building, which is used for weddings and private functions that is split over two floors. The main function area on the ground floor can seat up to 550 people and can be divided into two for separate functions. On the basement floor there is a bar and discotheque area. There is also fully equipped kitchens and large reception area. A family is currently running the hotel and there is a separate family house with swimming pool and private gardens. Please contact us for the price.

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Property Details

• Reference: COMM3903

• Price: € 57,500

• Town: Fuengirola

• Commercial Type: Restaurant

Mortgage Information

The following is a breakdown of the mortgage repayments for the first year using an interest rate of 3.5% over 25 years. This mortgage in Spain will cover a total of 300 monthly payments of €287.86

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€167.71

€120.15

€57,379.85

Month 2

€167.36

€120.50

€57,259.35

Month 3

€167.01

€120.85

€57,138.50

Month 4

€166.65

€121.20

€57,017.29

Month 5

€166.30

€121.56

€56,895.73

Month 6

€165.95

€121.91

€56,773.82

Month 7

€165.59

€122.27

€56,651.55

Month 8

€165.23

€122.62

€56,528.93

Month 9

€164.88

€122.98

€56,405.95

Month 10

€164.52

€123.34

€56,282.60

Month 11

€164.16

€123.70

€56,158.90

Month 12

€163.80

€124.06

€56,034.84