Restaurant for sale in Torremolinos

Good investment! Luxury restaurant and well known in the area. A tenant inside with a contract of 12 years. The yearly rent is 20.000 €. Fully equipped and with big terrace, 123 m2, 310 m2 interior. There is a posibility to buy two locals of 198 m2. For more information, please contact us! Good Business!

For more information on this Buy a Restaurant in Torremolinos, Spain please fill out the quick enquiry form on the right ->

Property Details

• Reference: COMM691

• Price: € 462,000

• Town: Torremolinos

• Commercial Type: Restaurant

Spanish Property Description

Buena inversión! Lujoso y muy conocido restaurante de una buena zona de Torremolinos. Tiene un inquilino dentro cuyo contrato de alquiler es por 12 años. El alquiler anual es de 20.000 €. Está totalmente equipado y con una gran terraza de 123 m2, en el interior tiene 310 m2 con cabida para 80/90 personas. También hay posibilidad de compra de otros dos locales adjuntos al restaurante de 198 m2 entre los dos. ¡Buena oportunidad de un buen negocio! Para más información contactenos!

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 €2312.88

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€1,347.50

€965.38

€461,034.62

Month 2

€1,344.68

€968.20

€460,066.42

Month 3

€1,341.86

€971.02

€459,095.40

Month 4

€1,339.03

€973.85

€458,121.55

Month 5

€1,336.19

€976.69

€457,144.86

Month 6

€1,333.34

€979.54

€456,165.31

Month 7

€1,330.48

€982.40

€455,182.92

Month 8

€1,327.62

€985.26

€454,197.65

Month 9

€1,324.74

€988.14

€453,209.51

Month 10

€1,321.86

€991.02

€452,218.49

Month 11

€1,318.97

€993.91

€451,224.58

Month 12

€1,316.07

€996.81

€450,227.77