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Shop located in the heart of Aveiro, on a busy street
Aveiro, Aveiro, Portugal
REF: 887490
€210,000
Description
Shop located in the heart of Aveiro, on a busy street. Attention investors: Currently rented, with a Yield of 6.86%, this proposal is very interesting not only for its differentiating characteristics as a commercial space, but also for the immediate financial return that the investment returns! Inserted in a small commercial gallery, with a license for commerce and services, it has a large shop window facing the street and the interior of the gallery, and is spread over two floors: On the upper floor, at ground level, is the commercial area with a gross floor area of 103m2 On the lower floor, the shop has a large warehouse/garage area with 71m2 of gross floor area. This was originally a large shop, but it has two plasterboard offices. It also has a third storage space, with access to the bathroom. Access to the lower floor is via a spiral staircase located inside one of the offices, or via a remote-controlled gate to a garage area just a few meters away. The warehouse area communicates with the garage area via a garage door, making it possible to unload goods into the warehouse in peace and safety, and even to enter the warehouse area with a car. Access to the shop area is ramped, allowing easy access for customers with physical limitations. The window frames are made of double-glazed aluminium, providing good thermal and acoustic insulation. Contact me for more information! #ref: 55553
Shop located in the heart of Aveiro, on a busy street. Attention investors: Currently rented, with a Yield of 6.86%, this proposal is very interesting not only for its differentiating characteristics as a commercial space, but also for the immediate financial return that the investment returns! Inserted in a small commercial gallery, with a license for commerce and services, it has a large shop window facing the street and the interior of the gallery, and is spread over two floors: On the upper floor, at ground level, is the commercial area with a gross floor area of 103m2 On the lower floor, the shop has a large warehouse/garage area with 71m2 of gross floor area. This was originally a large shop, but it has two plasterboard offices. It also has a third storage space, with access to the bathroom. Access to the lower floor is via a spiral staircase located inside one of the offices, or via a remote-controlled gate to a garage area just a few meters away. The warehouse area communicates with the garage area via a garage door, making it possible to unload goods into the warehouse in peace and safety, and even to enter the warehouse area with a car. Access to the shop area is ramped, allowing easy access for customers with physical limitations. The window frames are made of double-glazed aluminium, providing good thermal and acoustic insulation. Contact me for more information! #ref: 55553
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Currency Exchange
Aveiro, Aveiro, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
Aveiro, Aveiro, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
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 £6,539 more.
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