I have had a bar on the costa for 3 years,i sold that and for the last 2 years been selling and leasing bars and businesses on the costa dell sol
I find it absolutely amazing,the number of expats who buy or lease a business without going into all details.
only to end with high debts,fines,incorrect licences,even closure of there business.mainly because they listen to fred in the local bar.
I URGE any expats who is looking for a bar or business.DO YOUR HOMEWORK.
Do not trust every accountant you meet,have seen lots of businesses go down the drain,due to currupt accountants.
Check and double check everything you do.
All-ways make sure you get receipt’s for any payment you make, be it through a bank,a historia,or supplier,
When buying or leasing a business,don’t always trust your friendly agent,
they are there for there commission,not your welfare.
ask what the extra charges are. I.E.taxes.retention,bassura.denouncias.licences, water,electric problems. ALL OF THESE ARE RARELY MENTIONED. and you could end up paying 1000s more than you had budgeted for.
With that in mind HAPPY BUSINESS HUNTING.
HOPE THIS IS HELP-FULL TO FELLOW EXPATS.
Am here if you want help,or want a bar or business.