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This commercial property with restaurant/café is an excellent opportunity for those wishing to start or expand their own business
Odivelas, Lisboa, Portugal
REF: 889145
€276,000
Description
This commercial property with restaurant/café is an excellent opportunity for those wishing to start or expand their own business. With 122m², the space is distributed over two floors: Ground floor (R/C): The restaurant/café, already in operation, with a solid base of loyal customers. Basement (CV): It has an office, warehouse, cloakroom, three bathrooms (two for the public and one for staff) and additional storage space. Located in the parish of Póvoa de Santo Adrião, in Odivelas, the property is in a busy residential and commercial area, on Praceta da República. With good turnover and an excellent structure, this is an ideal opportunity for those looking to enter the catering business or expand their operations. Other Information: Property Condition: In excellent condition, currently operating as a restaurant and café. Proximities: Located close to public transport, shops and other urban facilities. Don't miss out on this unique opportunity to invest in a property with multiple business possibilities in a strategic location in Odivelas. For more information or to arrange a viewing, please get in touch! #ref: 127418
This commercial property with restaurant/café is an excellent opportunity for those wishing to start or expand their own business. With 122m², the space is distributed over two floors: Ground floor (R/C): The restaurant/café, already in operation, with a solid base of loyal customers. Basement (CV): It has an office, warehouse, cloakroom, three bathrooms (two for the public and one for staff) and additional storage space. Located in the parish of Póvoa de Santo Adrião, in Odivelas, the property is in a busy residential and commercial area, on Praceta da República. With good turnover and an excellent structure, this is an ideal opportunity for those looking to enter the catering business or expand their operations. Other Information: Property Condition: In excellent condition, currently operating as a restaurant and café. Proximities: Located close to public transport, shops and other urban facilities. Don't miss out on this unique opportunity to invest in a property with multiple business possibilities in a strategic location in Odivelas. For more information or to arrange a viewing, please get in touch! #ref: 127418
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Currency Exchange
Odivelas, 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 €276,000 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 |
|---|---|---|---|
| €276,000 | £228,614 | £237,208 | £8,595 |
| Property Price € | €276,000 |
| Minimum cost in the last six months | £228,614 |
| Maximum cost in the last six months | £237,208 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,595 |
Odivelas, 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 €276,000 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 |
|---|---|---|---|
| €276,000 | £228,614 | £237,208 | £8,595 |
| Property Price € | €276,000 |
| Minimum cost in the last six months | £228,614 |
| Maximum cost in the last six months | £237,208 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,595 |
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 £8,595 more.
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