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600 Eur rent Address Rua das Beatas, Lisbon Centre Restaurant with a great location in the heart of Graça, in full operation
Lisboa, Lisboa, Portugal
REF: 884703
€59,000
Description
600 Eur rent Address Rua das Beatas, Lisbon Centre Restaurant with a great location in the heart of Graça, in full operation. Area of 47.99 m2, a dining room with capacity for at least 20 seats (at the moment it has 20 seats but it has already been [--] Restaurant in operation and with plenty of customers, including regulars and tourists. The property will be renovated with all the equipment and furniture that is in the space for the normal operation of the business. This establishment has a licence to be open between 07:00 and 02:00. The rent guaranteed by the landlady is €600 with a 5-year lease. Translated with DeepL.com (free version) #ref: 127028
600 Eur rent Address Rua das Beatas, Lisbon Centre Restaurant with a great location in the heart of Graça, in full operation. Area of 47.99 m2, a dining room with capacity for at least 20 seats (at the moment it has 20 seats but it has already been [--] Restaurant in operation and with plenty of customers, including regulars and tourists. The property will be renovated with all the equipment and furniture that is in the space for the normal operation of the business. This establishment has a licence to be open between 07:00 and 02:00. The rent guaranteed by the landlady is €600 with a 5-year lease. Translated with DeepL.com (free version) #ref: 127028
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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 €59,000 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 |
|---|---|---|---|
| €59,000 | £49,520 | £50,891 | £1,371 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £49,520 |
| Maximum cost in the last six months | £50,891 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,371 |
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 €59,000 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 |
|---|---|---|---|
| €59,000 | £49,520 | £50,891 | £1,371 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £49,520 |
| Maximum cost in the last six months | £50,891 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,371 |
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 £1,371 more.
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