Hotel, accommodation in Valencia and Murcia. The city is Lo Pagán.
Spacious hotel on the Pag Peninsula on the first line by the sea near the beach! Total area of 1483 sq.m.
There are two buildings with 12 and 6 residential units. A total of eighteen residential units.
Services and facilities
Garage/parking
Additional details
Property type
Commercial
Object type
Hotel
Price
2 922 208 $
Land area
1
Characteristics
Garage/parking
FAQ
In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lo Pagan; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Lo Pagan short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (2 922 208 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Lo Pagan: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).