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We present an opportunity for a commercial transfer to the café restaurant 'O escorrega', located in Calheta
Calheta (Madeira), Ilha da Madeira, Portugal
REF: 793049
€95,000
Description
We present an opportunity for a commercial transfer to the café restaurant 'O escorrega', located in Calheta. With a loyal clientele and a growing reputation. Our establishment, in addition to being close to important points of interest such as school, art museum, gym, active residential community and many exceptional activities to attract a diverse and constant clientele throughout the day, including local residents and tourists. Additional Details: - It has a private area with spectacular views of Praia da Calheta, perfect for reservations and special events with capacity for approximately 40 people. - Equipped with barbecue and wood oven. - Fully equipped kitchen recently remodeled. - Private parking with capacity for 7 cars. - Children's area, has a small park - Large terrace for approximately 20 people. - Storage area and includes all items - Private bathroom for customers and private bathroom for employees Goodsale in operation 100% currently Rental value: €800 Transfer value: €110,000 Total area: 807mts Energy certificate: C Interested? Contact us for more information or visit us! #ref: 112950
We present an opportunity for a commercial transfer to the café restaurant 'O escorrega', located in Calheta. With a loyal clientele and a growing reputation. Our establishment, in addition to being close to important points of interest such as school, art museum, gym, active residential community and many exceptional activities to attract a diverse and constant clientele throughout the day, including local residents and tourists. Additional Details: - It has a private area with spectacular views of Praia da Calheta, perfect for reservations and special events with capacity for approximately 40 people. - Equipped with barbecue and wood oven. - Fully equipped kitchen recently remodeled. - Private parking with capacity for 7 cars. - Children's area, has a small park - Large terrace for approximately 20 people. - Storage area and includes all items - Private bathroom for customers and private bathroom for employees Goodsale in operation 100% currently Rental value: €800 Transfer value: €110,000 Total area: 807mts Energy certificate: C Interested? Contact us for more information or visit us! #ref: 112950
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Currency Exchange
Calheta (Madeira), Ilha da Madeira, 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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,689 | £81,648 | £2,958 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,689 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,958 |
Calheta (Madeira), Ilha da Madeira, 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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,689 | £81,648 | £2,958 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,689 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,958 |
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 £2,958 more.
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