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Excellent Opportunity in Olhão We present you with an excellent investment opportunity in Olhão with the sale of the walls and business of a 100 m² restaurant
Olhão, Faro, Portugal
REF: 893423
€150,000
Description
Excellent Opportunity in Olhão We present you with an excellent investment opportunity in Olhão with the sale of the walls and business of a 100 m² restaurant. This establishment boasts an attractive seating capacity, offering 20 indoor seats and a spacious, sunny terrace that can accommodate 60 customers. This configuration is ideal for attracting a diverse clientele, ranging from local residents to tourists in search of great places to dine. The location is a true asset: situated in a residential and commercial area, the restaurant is surrounded by several shops, ensuring a constant flow of foot traffic. The terrace, in particular, allows guests to enjoy the sunny Algarve climate, creating a friendly and welcoming atmosphere. The establishment is fully furnished and equipped, ready to operate immediately upon takeover, without the need for any initial investment. With a loyal and established clientele, this opportunity offers excellent potential for profitability. Whether you are an experienced restaurateur or a new entrepreneur, this establishment provides a solid foundation for success in the restaurant industry in Olhão. Don’t miss this unique chance to acquire a well-located and already operational property! Contact us. #ref: 128549
Excellent Opportunity in Olhão We present you with an excellent investment opportunity in Olhão with the sale of the walls and business of a 100 m² restaurant. This establishment boasts an attractive seating capacity, offering 20 indoor seats and a spacious, sunny terrace that can accommodate 60 customers. This configuration is ideal for attracting a diverse clientele, ranging from local residents to tourists in search of great places to dine. The location is a true asset: situated in a residential and commercial area, the restaurant is surrounded by several shops, ensuring a constant flow of foot traffic. The terrace, in particular, allows guests to enjoy the sunny Algarve climate, creating a friendly and welcoming atmosphere. The establishment is fully furnished and equipped, ready to operate immediately upon takeover, without the need for any initial investment. With a loyal and established clientele, this opportunity offers excellent potential for profitability. Whether you are an experienced restaurateur or a new entrepreneur, this establishment provides a solid foundation for success in the restaurant industry in Olhão. Don’t miss this unique chance to acquire a well-located and already operational property! Contact us. #ref: 128549
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Currency Exchange
Olhão, Faro, 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 |
Olhão, Faro, 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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