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On the ground floor, we find a restaurant with a generous room, featuring an open kitchen and a bar, as well as an additional professional fully equipped kitchen on the back
Lisboa, Lisboa, Portugal
REF: 841755
€585,000
Description
On the ground floor, we find a restaurant with a generous room, featuring an open kitchen and a bar, as well as an additional professional fully equipped kitchen on the back. On the first floor, accessible from either the restaurant or a separate entrance, there is a two-bedroom apartment that can be used to expand the restaurant area or remain for habitation as it currently is. This two-story house with 150 m² was renovated in 2019. It harmoniously combines traditional charm with contemporary amenities and plenty of natural light. There are two independent entrances, one to access the living area and the other to access the restaurant, which offers flexibility in the use of spaces and investment options. Energy Certification: C Characteristics of the apartment The apartment consists of the following divisions. On the Ground Floor : * Dining room with seating capacity for approx. 20 people, imported Italian wooden flooring * Bar space with open kitchen overlooking the dining room * Fully equipped professional kitchen (three-phase power supply, smoke extractor, combined oven, several refrigerators and freezers...) * Social WC * Small storage space On the First Floor * Spacious living room in open space * Kitchen overlooking the living room * Bathroom with small bathtub and window * Walking closet * Two communicating bedrooms with the possibility of reverting to the original layout to obtain two separate bedrooms The Neighborhood The Beato neighborhood continues to develop as the new artistic and cultural hub of Lisbon. The house is a 15-minute walk from the Beato Creative Hub, 3 minutes from the Convento do Beato, the former Convent of São Bento de Xabregas which is being urbanized into a major event center as well as condominiums with housing and commerce. A connection point between the historic center of downtown Lisbon and the Parque das Nações, just 15 minutes by car from Lisbon airport, 15 minutes from Parque das Nações and the Alfama district, 20 minutes from Cais do Sodré, Beato is undergoing strong urban consolidation and is also distinguished by its privileged position on the riverfront. Feel free to contact me for more information and to schedule a visit. I speak French, English, German, Portuguese, Mandarin and accompany you throughout the whole purchase process. #ref: 120363
On the ground floor, we find a restaurant with a generous room, featuring an open kitchen and a bar, as well as an additional professional fully equipped kitchen on the back. On the first floor, accessible from either the restaurant or a separate entrance, there is a two-bedroom apartment that can be used to expand the restaurant area or remain for habitation as it currently is. This two-story house with 150 m² was renovated in 2019. It harmoniously combines traditional charm with contemporary amenities and plenty of natural light. There are two independent entrances, one to access the living area and the other to access the restaurant, which offers flexibility in the use of spaces and investment options. Energy Certification: C Characteristics of the apartment The apartment consists of the following divisions. On the Ground Floor : * Dining room with seating capacity for approx. 20 people, imported Italian wooden flooring * Bar space with open kitchen overlooking the dining room * Fully equipped professional kitchen (three-phase power supply, smoke extractor, combined oven, several refrigerators and freezers...) * Social WC * Small storage space On the First Floor * Spacious living room in open space * Kitchen overlooking the living room * Bathroom with small bathtub and window * Walking closet * Two communicating bedrooms with the possibility of reverting to the original layout to obtain two separate bedrooms The Neighborhood The Beato neighborhood continues to develop as the new artistic and cultural hub of Lisbon. The house is a 15-minute walk from the Beato Creative Hub, 3 minutes from the Convento do Beato, the former Convent of São Bento de Xabregas which is being urbanized into a major event center as well as condominiums with housing and commerce. A connection point between the historic center of downtown Lisbon and the Parque das Nações, just 15 minutes by car from Lisbon airport, 15 minutes from Parque das Nações and the Alfama district, 20 minutes from Cais do Sodré, Beato is undergoing strong urban consolidation and is also distinguished by its privileged position on the riverfront. Feel free to contact me for more information and to schedule a visit. I speak French, English, German, Portuguese, Mandarin and accompany you throughout the whole purchase process. #ref: 120363
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Currency Exchange
Lisboa, Lisboa, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £484,561 | £502,778 | £18,217 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £484,561 |
| Maximum cost in the last six months | £502,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,217 |
Lisboa, Lisboa, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £484,561 | £502,778 | £18,217 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £484,561 |
| Maximum cost in the last six months | £502,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,217 |
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 £18,217 more.
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