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In the commercial area of upper Nazaré, comes this commercial establishment full of history and stories, ready for a new life, with magnificent terrace in the afternoon sun
Nazaré, Leiria, Portugal
REF: 774154
€55,000
Description
In the commercial area of upper Nazaré, comes this commercial establishment full of history and stories, ready for a new life, with magnificent terrace in the afternoon sun. Old emblematic café of Camarção, seeks recycling, reuse, renovation or reconversion. If you have a compatible project for the area, if you are looking for an investment opportunity to generate passive income or if you are looking for a new mode of living in Nazaré in a "premium" area, come and discover this property and get to know the lifestyle or potential it has to offer as an investment. There are several shops operating in the previously very popular shopping centre in the era before the Modelo hypermarket. There is a new ALDI unit opposite that has revitalised the area and there are prospects for new business to emerge as a result of major investments being made in this shopping centre, so come and find out more. Schedule your visit with Vitor Franco from IAD Portugal. #ref: 79226
In the commercial area of upper Nazaré, comes this commercial establishment full of history and stories, ready for a new life, with magnificent terrace in the afternoon sun. Old emblematic café of Camarção, seeks recycling, reuse, renovation or reconversion. If you have a compatible project for the area, if you are looking for an investment opportunity to generate passive income or if you are looking for a new mode of living in Nazaré in a "premium" area, come and discover this property and get to know the lifestyle or potential it has to offer as an investment. There are several shops operating in the previously very popular shopping centre in the era before the Modelo hypermarket. There is a new ALDI unit opposite that has revitalised the area and there are prospects for new business to emerge as a result of major investments being made in this shopping centre, so come and find out more. Schedule your visit with Vitor Franco from IAD Portugal. #ref: 79226
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Currency Exchange
Nazaré, Leiria, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,557 | £47,270 | £1,713 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,557 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,713 |
Nazaré, Leiria, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,557 | £47,270 | £1,713 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,557 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,713 |
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 £1,713 more.
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