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Prive Beach Club - A Legendary Nightclub for Sale in Praia da Luz, Portugal Description: Located just 20 meters from the beach in Praia da Luz, Portugal, Prive Beach Club is an iconic nightclub
Lagos, Faro, Portugal
REF: 744891
€570,000
Description
Prive Beach Club - A Legendary Nightclub for Sale in Praia da Luz, Portugal Description: Located just 20 meters from the beach in Praia da Luz, Portugal, Prive Beach Club is an iconic nightclub. This legendary establishment has been a cornerstone of the nightlife in the Algarve region for many years, attracting both locals and tourists. Prive Beach Club offers a unique opportunity for a creative entrepreneur. The space is incredibly versatile, suitable for various business ideas and investment opportunities. Praia da Luz is an affluent region, ensuring a steady flow of potential customers. Key Features: Area : 265 m2. Booth & Lounge : Includes an office and two dance floors. Fully Equipped : Back office, staff area, shower, and sanitary facilities. Kitchen Area : Ready for service in the main space. Central Stage : Ideal for performances and entertainment. Extensive Seating and Bar : A 12-meter bar and flexible seating options. Amenities : Two public bathrooms with five cubicles and two emergency exits. Year-Round Parking Access: Convenient parking for customers throughout the year. While the space needs renovation, this is a unique opportunity to adapt the venue to your vision. With creativity and investment, Prive Beach Club can be transformed into a new establishment, preserving its historic charm. Prive Beach Club has attracted numerous celebrities and high-net-worth individuals over the years, making it an appealing foundation for a new owner. Whether for expanding a brand chain or starting a discreet venture with a different strategy, this iconic nightclub has the appeal to attract a discerning clientele. The asking price for this exceptional property is €570,000.00, offering an attractive investment opportunity for those with a vision and passion for revitalizing this historic establishment. In conclusion, it's more than just a property; it's an opportunity to shape the future of entertainment in Praia da Luz. Don't miss the chance to be part of the next chapter and breathe new life into this legendary establishment. For more information, please do not hesitate to contact me! A visit is highly recommended. I speak French, Portuguese, Spanish, and English. I share 50%-50% with all agencies. #ref: 106107
Prive Beach Club - A Legendary Nightclub for Sale in Praia da Luz, Portugal Description: Located just 20 meters from the beach in Praia da Luz, Portugal, Prive Beach Club is an iconic nightclub. This legendary establishment has been a cornerstone of the nightlife in the Algarve region for many years, attracting both locals and tourists. Prive Beach Club offers a unique opportunity for a creative entrepreneur. The space is incredibly versatile, suitable for various business ideas and investment opportunities. Praia da Luz is an affluent region, ensuring a steady flow of potential customers. Key Features: Area : 265 m2. Booth & Lounge : Includes an office and two dance floors. Fully Equipped : Back office, staff area, shower, and sanitary facilities. Kitchen Area : Ready for service in the main space. Central Stage : Ideal for performances and entertainment. Extensive Seating and Bar : A 12-meter bar and flexible seating options. Amenities : Two public bathrooms with five cubicles and two emergency exits. Year-Round Parking Access: Convenient parking for customers throughout the year. While the space needs renovation, this is a unique opportunity to adapt the venue to your vision. With creativity and investment, Prive Beach Club can be transformed into a new establishment, preserving its historic charm. Prive Beach Club has attracted numerous celebrities and high-net-worth individuals over the years, making it an appealing foundation for a new owner. Whether for expanding a brand chain or starting a discreet venture with a different strategy, this iconic nightclub has the appeal to attract a discerning clientele. The asking price for this exceptional property is €570,000.00, offering an attractive investment opportunity for those with a vision and passion for revitalizing this historic establishment. In conclusion, it's more than just a property; it's an opportunity to shape the future of entertainment in Praia da Luz. Don't miss the chance to be part of the next chapter and breathe new life into this legendary establishment. For more information, please do not hesitate to contact me! A visit is highly recommended. I speak French, Portuguese, Spanish, and English. I share 50%-50% with all agencies. #ref: 106107
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Currency Exchange
Lagos, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €570,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €570,000 | £472,137 | £489,887 | £17,750 |
| Property Price € | €570,000 |
| Minimum cost in the last six months | £472,137 |
| Maximum cost in the last six months | £489,887 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,750 |
Lagos, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €570,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €570,000 | £472,137 | £489,887 | £17,750 |
| Property Price € | €570,000 |
| Minimum cost in the last six months | £472,137 |
| Maximum cost in the last six months | £489,887 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,750 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £17,750 more.
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