3-Storey building with a total area of 1143sqm and intended for services and commerce, with horizontal property

União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal

For Sale

€1,500,000

REF: 895791 €1,500,000


1052 m2

1169 m2

Description

3-Storey building with a total area of 1143sqm and intended for services and commerce, with horizontal property. This building can be divided into different independent units, which can be bought and sold separately. Some examples of businesses and services that could be located in this type of building include retail stores, restaurants, coffee shops, offices, doctors' offices, yoga studios or gyms, beauty salons or barbershops, and other professional services such as law firms, accountants or travel agency.

Each floor of the building may have a different layout to meet the specific needs of each business. For example, one floor could have an open space layout for a retail store, while another floor could have partitions for different offices or medical offices. The final distribution of space will depend on tenant needs and building and security requirements.

It is important to be aware of local regulations and have the necessary licenses and permits to open a business in a commercial building. In summary, a 3-storey building with a total area of 1,143sqm intended for services and commerce offers a versatile and flexible space for different types of businesses and commercial activities.

Contact us for more information. About the City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park. Tavira Island has a long sandy beach and salt flats that attract flamingos, spoonbills and other wading birds.

Tavira is a city with a history very marked by the Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the river Gilão, and its churches that keep true treasures. All these characteristics fall in love with those who visit this city, making them want to stay here.

Living in Tavira means never wanting to live anywhere else. Casas do Sotavento is a family company, recognized in the country and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience. Our concern is to treat everyone as we would like to be treated.
3-Storey building with a total area of 1143sqm and intended for services and commerce, with horizontal property. This building can be divided into different independent units, which can be bought and sold separately. Some examples of businesses and services that could be located in this type of building include retail stores, restaurants, coffee shops, offices, doctors' offices, yoga studios or gyms, beauty salons or barbershops, and other professional services such as law firms, accountants or travel agency.

Each floor of the building may have a different layout to meet the specific needs of each business. For example, one floor could have an open space layout for a retail store, while another floor could have partitions for different offices or medical offices. The final distribution of space will depend on tenant needs and building and security requirements.

It is important to be aware of local regulations and have the necessary licenses and permits to open a business in a commercial building. In summary, a 3-storey building with a total area of 1,143sqm intended for services and commerce offers a versatile and flexible space for different types of businesses and commercial activities.

Contact us for more information. About the City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park. Tavira Island has a long sandy beach and salt flats that attract flamingos, spoonbills and other wading birds.

Tavira is a city with a history very marked by the Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the river Gilão, and its churches that keep true treasures. All these characteristics fall in love with those who visit this city, making them want to stay here.

Living in Tavira means never wanting to live anywhere else. Casas do Sotavento is a family company, recognized in the country and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience. Our concern is to treat everyone as we would like to be treated.
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Currency Exchange

União das Freguesias de Tavira (Santa Maria e Santiago), 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 €1,500,000 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
€1,500,000 £1,242,465 £1,289,175 £46,710
Property Price € €1,500,000
Minimum cost in the last six months £1,242,465
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,710

União das Freguesias de Tavira (Santa Maria e Santiago), 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 €1,500,000 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
€1,500,000 £1,242,465 £1,289,175 £46,710
Property Price € €1,500,000
Minimum cost in the last six months £1,242,465
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,710

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 £46,710 more.

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