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Exceptional Business Opportunity: Transmitting of Bar/Commerce with a 4-Bedroom Apartment in Lagos! **IMPORTANT NOTE: THIS IS A SHARE TRANSFER - WHAT IS FOR SALE IS THE COMPANY, NOT THE PROPERTY! Total Price: 170
Lagos, Faro, Portugal
REF: 904108
€125,000
Description
Exceptional Business Opportunity: Transmitting of Bar/Commerce with a 4-Bedroom Apartment in Lagos! **IMPORTANT NOTE: THIS IS A SHARE TRANSFER - WHAT IS FOR SALE IS THE COMPANY, NOT THE PROPERTY! Total Price: 170.000 € negotiable (Including the bar and a 4-bedroom apartment of 106 m²) The space offers interesting potential for exploitation as a bar or restaurant. I am presenting a unique opportunity in the heart of the historic center of Lagos, one of the most sought-after locations in the Algarve. Located in one of the city's most visited spots, this space attracts a constant flow of both tourists and locals, making it an excellent investment opportunity. - Business Details: Transfer of Shares: Full acquisition of the business, with a monthly rent of 1,650 € covering the bar and the 4-bedroom apartment located on the upper floor. - Fully Equipped: The bar is ready to operate, equipped with two restrooms for clients (male and female) and a private restroom for staff. - Equipment Included: Four refrigerators and a professional sound system valued at 9,000 €, perfect for creating a lively and welcoming atmosphere. Located in the heart of Lagos, a city renowned for its historical charm and vibrant tourism, this space offers strategic positioning with flexibility of use – whether as a bar, a restaurant, or both. The city is famous for its charming streets and stunning beaches, making this investment a rare opportunity for those who want to be at the center of the action. Why Invest in Lagos? The historic center of Lagos attracts tourists from all over the world. With a diverse and loyal clientele, the potential for development and profitability is high. This business places you in the very heart of the city, with the opportunity to create a strong brand in one of the Algarve’s most sought-after destinations. Rare Opportunity! Don't miss this chance to acquire a solid business in a high-demand location. Contact me for more information and details on this exclusive investment. Important Notes: *This property is being sold exclusively. *I speak French, Portuguese, English, and Spanish. *I share the commission 50-50 with all agencies. Contact me to discuss this business opportunity and discover the potential of this space! #ref: 129737
Exceptional Business Opportunity: Transmitting of Bar/Commerce with a 4-Bedroom Apartment in Lagos! **IMPORTANT NOTE: THIS IS A SHARE TRANSFER - WHAT IS FOR SALE IS THE COMPANY, NOT THE PROPERTY! Total Price: 170.000 € negotiable (Including the bar and a 4-bedroom apartment of 106 m²) The space offers interesting potential for exploitation as a bar or restaurant. I am presenting a unique opportunity in the heart of the historic center of Lagos, one of the most sought-after locations in the Algarve. Located in one of the city's most visited spots, this space attracts a constant flow of both tourists and locals, making it an excellent investment opportunity. - Business Details: Transfer of Shares: Full acquisition of the business, with a monthly rent of 1,650 € covering the bar and the 4-bedroom apartment located on the upper floor. - Fully Equipped: The bar is ready to operate, equipped with two restrooms for clients (male and female) and a private restroom for staff. - Equipment Included: Four refrigerators and a professional sound system valued at 9,000 €, perfect for creating a lively and welcoming atmosphere. Located in the heart of Lagos, a city renowned for its historical charm and vibrant tourism, this space offers strategic positioning with flexibility of use – whether as a bar, a restaurant, or both. The city is famous for its charming streets and stunning beaches, making this investment a rare opportunity for those who want to be at the center of the action. Why Invest in Lagos? The historic center of Lagos attracts tourists from all over the world. With a diverse and loyal clientele, the potential for development and profitability is high. This business places you in the very heart of the city, with the opportunity to create a strong brand in one of the Algarve’s most sought-after destinations. Rare Opportunity! Don't miss this chance to acquire a solid business in a high-demand location. Contact me for more information and details on this exclusive investment. Important Notes: *This property is being sold exclusively. *I speak French, Portuguese, English, and Spanish. *I share the commission 50-50 with all agencies. Contact me to discuss this business opportunity and discover the potential of this space! #ref: 129737
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Currency Exchange
Lagos, 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £107,605 | £4,618 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £107,605 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,618 |
Lagos, 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £107,605 | £4,618 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £107,605 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,618 |
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 £4,618 more.
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