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Two cafés/restaurants located in the prestigious Galerias Avenida, in the iconic Praça da República, in Coimbra
Coimbra, Coimbra, Portugal
REF: 912176
€90,000
Description
Two cafés/restaurants located in the prestigious Galerias Avenida, in the iconic Praça da República, in Coimbra. This prime location stands out for its high daily foot traffic, being a meeting point for students, professionals, and tourists, thanks to its proximity to the University of Coimbra and other cultural and commercial hubs in the city. Both spaces are currently rented, providing an immediate income stream for the new owner. The establishments are fully equipped and ready to continue operating, with functional kitchens and well-structured service areas. Additionally, they feature a welcoming outdoor area with a stunning view of the city of Coimbra. In summary: low investment in an area with high foot traffic from students and workers, offering high returns. Complete and up-to-date documentation. For more information, please contact us. #ref: 130998
Two cafés/restaurants located in the prestigious Galerias Avenida, in the iconic Praça da República, in Coimbra. This prime location stands out for its high daily foot traffic, being a meeting point for students, professionals, and tourists, thanks to its proximity to the University of Coimbra and other cultural and commercial hubs in the city. Both spaces are currently rented, providing an immediate income stream for the new owner. The establishments are fully equipped and ready to continue operating, with functional kitchens and well-structured service areas. Additionally, they feature a welcoming outdoor area with a stunning view of the city of Coimbra. In summary: low investment in an area with high foot traffic from students and workers, offering high returns. Complete and up-to-date documentation. For more information, please contact us. #ref: 130998
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Currency Exchange
Coimbra, Coimbra, 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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,151 | £76,148 | £1,997 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,151 |
| Maximum cost in the last six months | £76,148 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,997 |
Coimbra, Coimbra, 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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,151 | £76,148 | £1,997 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,151 |
| Maximum cost in the last six months | £76,148 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,997 |
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 £1,997 more.
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