16 bedroom Restaurant for sale with panoramic view in Romanya de la Selva, Catalonia
The restaurant is currently in working order and would generate an immediate income.
The farmhouse itself has been vacant for several years, but is perfectly suited to be converted into a rural deluxe boutique style hotel, with a capacity for 16 bedrooms, swimming pool, games room, offices and bodega. Plenty of parking also available.
There is also an adjoining 3 bedroom apartment for those wishing to live onsite and run the busi...
The restaurant is currently in working order and would generate an immediate income.
The farmhouse itself has been vacant for several years, but is perfectly suited to be converted into a rural deluxe boutique style hotel, with a capacity for 16 bedrooms, swimming pool, games room, offices and bodega. Plenty of parking also available.
There is also an adjoining 3 bedroom apartment for those wishing to live onsite and run the business.
The quaint town of Santa Cristina d'Aro is a beautiful Catalan pueblo located just 3 kms to the coastal town of St. Feliu and 5 kms to the popular beach resort of Playa d'Aro. Santa Cristina d'Aro includes vast forests of pine, oak and cork trees. Farmland, located near the river Ridaura, is mainly used for growing grain and fodder, vines and vegetables. However, the unquestionable source of income for the town is the tourism-related industry, concentrated mainly during the summer months. The large influx of visitors and people who have made Santa Cristina their second home has resulted in a range of excellent infrastructure and services such as a variety of dining and lodging facilities, equestrian centres, renowned golf courses, and other recreational services. Santa Cristina is an authentic Catalan pueblo rich in history, tradition and the Mediterranean lifestyle.
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This Commercial Property is located in Romanya de la Selva in Spain
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Buying a Property in Spain
1. Putting down a Holding Deposit
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.
2. Setting up a Pre-agreement (Contrato privado de compraventa)
The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.
3. The Contract (Escritura de compraventa)
Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.