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This property has 2 aspects of dependent use: a 2-bedroom flat, commerce and services
Oliveira do Hospital, Coimbra, Portugal
REF: 867692
€800,000
Description
This property has 2 aspects of dependent use: a 2-bedroom flat, commerce and services. Gestsines was set up in 2001 to satisfy the demand for mechanic services, car sales, warehouse space rental and/or product display. The company has experienced great growth due to the success of the work carried out and customer satisfaction. To this day, Gestsines and associates maintain an image of competitiveness and excellent relations with customers, as well as the ability to adapt to their needs. The company is strategically located in the industrial area of the city of Oliveira do Hospital, with a covered area of 737 square metres, an uncovered area of 3741 square metres and the capacity to grow further, as it will be possible to build another pavilion. Potential investors in this business will ask: - Why should we invest our money in this business? This is a company in operation with staff already hired and capable of responding to the needs demanded by the market; there are also service and commercial spaces that could be dynamised/profitable. This sale includes 100 per cent of the company that owns the building and 50 per cent of the workshop that is in the building. There is also a large lounge with a bathroom and an office to be developed, two warehouses in the basement and land on which to build another pavilion - immediate profitability! Features: - Main warehouse with 737 square metres - Workshop with customer waiting room, customer and staff toilets, dining and reception area, office, warehouse and basement with 3 individualised warehouses - Exhibition hall with reception, office and bathroom - 2 bedroom flat - Outdoor area of 3741 square metres and borehole Relevant distances: - City of Oliveira do Hospital 3 km away - City of Coimbra 81 km away - City of Guarda 82 km away - Lisbon 278 km away - Porto 178 km away #ref: 124643
This property has 2 aspects of dependent use: a 2-bedroom flat, commerce and services. Gestsines was set up in 2001 to satisfy the demand for mechanic services, car sales, warehouse space rental and/or product display. The company has experienced great growth due to the success of the work carried out and customer satisfaction. To this day, Gestsines and associates maintain an image of competitiveness and excellent relations with customers, as well as the ability to adapt to their needs. The company is strategically located in the industrial area of the city of Oliveira do Hospital, with a covered area of 737 square metres, an uncovered area of 3741 square metres and the capacity to grow further, as it will be possible to build another pavilion. Potential investors in this business will ask: - Why should we invest our money in this business? This is a company in operation with staff already hired and capable of responding to the needs demanded by the market; there are also service and commercial spaces that could be dynamised/profitable. This sale includes 100 per cent of the company that owns the building and 50 per cent of the workshop that is in the building. There is also a large lounge with a bathroom and an office to be developed, two warehouses in the basement and land on which to build another pavilion - immediate profitability! Features: - Main warehouse with 737 square metres - Workshop with customer waiting room, customer and staff toilets, dining and reception area, office, warehouse and basement with 3 individualised warehouses - Exhibition hall with reception, office and bathroom - 2 bedroom flat - Outdoor area of 3741 square metres and borehole Relevant distances: - City of Oliveira do Hospital 3 km away - City of Coimbra 81 km away - City of Guarda 82 km away - Lisbon 278 km away - Porto 178 km away #ref: 124643
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Currency Exchange
Oliveira do Hospital, Coimbra, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
Oliveira do Hospital, Coimbra, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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