Bar at Praia da Rocha About the Property We present a unique opportunity for entrepreneurs and investors in the hospitality sector: a fully equipped, ready-to-operate bar at the iconic Praia da Rocha

Portimão, Faro, Portugal

For Sale

€400,000

REF: 926947 €400,000


1

22 m2

Description

Bar at Praia da Rocha About the Property We present a unique opportunity for entrepreneurs and investors in the hospitality sector: a fully equipped, ready-to-operate bar at the iconic Praia da Rocha. This space combines functionality and comfort, designed to offer your customers an unforgettable experience.

The bar features both indoor and outdoor terraces, making it ideal for serving customers all year round. The outdoor terrace is perfect for sunny days, while the indoor space provides a cosy atmosphere on cooler days. The property also includes a private parking space and a spacious storage room, ensuring easy storage of products and materials for daily operations.

Whether you are looking to expand an existing business or start a new venture, this property offers all the conditions for success. Prime Location Situated at the famous Praia da Rocha, one of the most well-known and frequented beaches in the Algarve, this bar benefits from a strategic location. Just a few steps from the sand and sea, the establishment is located in an area with high tourist traffic throughout the year, especially during the summer months.

Praia da Rocha is renowned for its natural beauty, featuring stunning cliffs and crystal-clear waters, as well as an extensive network of facilities such as restaurants, hotels, and leisure activities. This location serves as a meeting point for tourists from around the world, ensuring a steady flow of potential customers.

Additionally, the proximity to Portimão and the marina makes the bar easily accessible to both locals and visitors. Convenient parking and the availability of public transport are further advantages of this location. Lifestyle at Praia da Rocha Purchasing this bar is more than just buying a business; it’s about embracing the dynamic and relaxed lifestyle of Praia da Rocha.

This area offers a vibrant atmosphere where the sound of the waves and the glow of the sun create a unique environment to live and work. Visitors to Praia da Rocha seek authentic experiences, whether gastronomic, cultural, or leisure-related. A well-located and well-managed bar is key to attracting customers who wish to relax with a refreshing drink after a day at the beach or enjoy a lively evening with live music.

For the owners, the region provides unmatched quality of life: a mild climate all year round, breathtaking landscapes, and a welcoming community. This investment is more than financial; it’s an investment in your happiness and well-being. Don’t miss this unique opportunity! Get in touch and schedule a visit to discover this extraordinary bar at Praia da Rocha.

Ref. iad Portugal 131856 We promote your property on over 200 international property portals in more than 60 countries. At IAD, we share business with all consultants or real estate agencies holding a valid AMI licence. If you’re a sector professional and have a qualified buyer, contact me to schedule a visit.

We value our 50/50 sharing model as a way to achieve the best outcomes for our property owners. IAD is an international brand, founded in France in 2008, and expanded to Portugal in 2015. We are also active in Spain, Italy, Germany, Mexico, the UK, and the USA, with over 20,000 consultants collaborating worldwide. #ref: 131856
Bar at Praia da Rocha About the Property We present a unique opportunity for entrepreneurs and investors in the hospitality sector: a fully equipped, ready-to-operate bar at the iconic Praia da Rocha. This space combines functionality and comfort, designed to offer your customers an unforgettable experience.

The bar features both indoor and outdoor terraces, making it ideal for serving customers all year round. The outdoor terrace is perfect for sunny days, while the indoor space provides a cosy atmosphere on cooler days. The property also includes a private parking space and a spacious storage room, ensuring easy storage of products and materials for daily operations.

Whether you are looking to expand an existing business or start a new venture, this property offers all the conditions for success. Prime Location Situated at the famous Praia da Rocha, one of the most well-known and frequented beaches in the Algarve, this bar benefits from a strategic location. Just a few steps from the sand and sea, the establishment is located in an area with high tourist traffic throughout the year, especially during the summer months.

Praia da Rocha is renowned for its natural beauty, featuring stunning cliffs and crystal-clear waters, as well as an extensive network of facilities such as restaurants, hotels, and leisure activities. This location serves as a meeting point for tourists from around the world, ensuring a steady flow of potential customers.

Additionally, the proximity to Portimão and the marina makes the bar easily accessible to both locals and visitors. Convenient parking and the availability of public transport are further advantages of this location. Lifestyle at Praia da Rocha Purchasing this bar is more than just buying a business; it’s about embracing the dynamic and relaxed lifestyle of Praia da Rocha.

This area offers a vibrant atmosphere where the sound of the waves and the glow of the sun create a unique environment to live and work. Visitors to Praia da Rocha seek authentic experiences, whether gastronomic, cultural, or leisure-related. A well-located and well-managed bar is key to attracting customers who wish to relax with a refreshing drink after a day at the beach or enjoy a lively evening with live music.

For the owners, the region provides unmatched quality of life: a mild climate all year round, breathtaking landscapes, and a welcoming community. This investment is more than financial; it’s an investment in your happiness and well-being. Don’t miss this unique opportunity! Get in touch and schedule a visit to discover this extraordinary bar at Praia da Rocha.

Ref. iad Portugal 131856 We promote your property on over 200 international property portals in more than 60 countries. At IAD, we share business with all consultants or real estate agencies holding a valid AMI licence. If you’re a sector professional and have a qualified buyer, contact me to schedule a visit.

We value our 50/50 sharing model as a way to achieve the best outcomes for our property owners. IAD is an international brand, founded in France in 2008, and expanded to Portugal in 2015. We are also active in Spain, Italy, Germany, Mexico, the UK, and the USA, with over 20,000 consultants collaborating worldwide. #ref: 131856
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Property on Map

#131856

Currency Exchange

Portimão, 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 €400,000 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
€400,000 £329,560 £343,780 £14,220
Property Price € €400,000
Minimum cost in the last six months £329,560
Maximum cost in the last six months £343,780
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,220

Portimão, 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 €400,000 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
€400,000 £329,560 £343,780 £14,220
Property Price € €400,000
Minimum cost in the last six months £329,560
Maximum cost in the last six months £343,780
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,220

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 £14,220 more.

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