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Great Business Opportunity in the Center of Vila Nova de Gaia! For Sale: Store/Commercial Space with two facades, a large area, three bathrooms, and a storage room! If what you are looking for is a business opportunity right in the center of Vila Nova de Gaia, very close to Avenida da República an
Vila Nova de Gaia, Porto, Portugal
REF: 860749
€150,000
Description
Great Business Opportunity in the Center of Vila Nova de Gaia! For Sale: Store/Commercial Space with two facades, a large area, three bathrooms, and a storage room! If what you are looking for is a business opportunity right in the center of Vila Nova de Gaia, very close to Avenida da República and El Corte Inglés, then we have something for you! Come and see this store/commercial space with 109 m² and two facades, facing east and west. It has two entrances, one facing a very busy street with various services in the surroundings, such as the Finance Service, Educational Institutions, Church, and Parish Center, and the other facing a small garden square, with green spaces that can provide a very pleasant environment for customers! The store/commercial space has three bathrooms, one for women, one for men, and another private one for staff, and it has a large storage room in the basement that can serve as extra storage space! It boasts a prime location in the heart of Vila Nova de Gaia, close to public transport, namely the metro line (João de Deus Station on the yellow line, which connects Hospital de S. João to Santo Ovídio and Vila d’Este), and close to important roads, namely the A44, which easily accesses the Freixo Bridge and the A20, A29, and A1 highways. Since 1987, this store/commercial space has been used as a food and beverage establishment, with an outdoor seating area! Its strategic location is the key factor in this continuous success for 37 years! With a loyal customer base, this store/commercial space is currently rented, potentially providing you with an immediate annual return of 5.7%! Vila Nova de Gaia has increasingly established itself as one of the best cities to live in, visit, and invest in. Will you miss this opportunity? Contact me today to schedule a visit! #ref: 123508
Great Business Opportunity in the Center of Vila Nova de Gaia! For Sale: Store/Commercial Space with two facades, a large area, three bathrooms, and a storage room! If what you are looking for is a business opportunity right in the center of Vila Nova de Gaia, very close to Avenida da República and El Corte Inglés, then we have something for you! Come and see this store/commercial space with 109 m² and two facades, facing east and west. It has two entrances, one facing a very busy street with various services in the surroundings, such as the Finance Service, Educational Institutions, Church, and Parish Center, and the other facing a small garden square, with green spaces that can provide a very pleasant environment for customers! The store/commercial space has three bathrooms, one for women, one for men, and another private one for staff, and it has a large storage room in the basement that can serve as extra storage space! It boasts a prime location in the heart of Vila Nova de Gaia, close to public transport, namely the metro line (João de Deus Station on the yellow line, which connects Hospital de S. João to Santo Ovídio and Vila d’Este), and close to important roads, namely the A44, which easily accesses the Freixo Bridge and the A20, A29, and A1 highways. Since 1987, this store/commercial space has been used as a food and beverage establishment, with an outdoor seating area! Its strategic location is the key factor in this continuous success for 37 years! With a loyal customer base, this store/commercial space is currently rented, potentially providing you with an immediate annual return of 5.7%! Vila Nova de Gaia has increasingly established itself as one of the best cities to live in, visit, and invest in. Will you miss this opportunity? Contact me today to schedule a visit! #ref: 123508
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Currency Exchange
Vila Nova de Gaia, Porto, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
Vila Nova de Gaia, Porto, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 £4,671 more.
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