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Restaurant and housing in a commercial/housing complex in São Marcos, Sintra municipality, Lisbon district
Sintra, Lisboa, Portugal
REF: 934656
€1,200,000
Description
Restaurant and housing in a commercial/housing complex in São Marcos, Sintra municipality, Lisbon district. Property composed of five fractions, of which they are: Ground floor 1 – Housing (used as a warehouse for the restaurant) / area 45 m2 Ground floor 2 – Covered parking / area 71.8 m2 Ground floor 3 – Housing / area 100.4 m2 Ground floor 4 – Commerce / area 107 m2 Floor with independent use 1 – Housing 155 m2 Complex with a total area of 500 m2 and an implementation area of 384.85 m2. Renovated restaurant working perfectly and with a good customer base. It has a terrace and barbecue outside, an indoor living room and an equipped kitchen. There is also an office. One of the fractions allocated to housing serves as support for the restaurant. The fraction responsible for parking has an independent entrance from the others and an interior door that gives access to an interior courtyard common to all fractions. The fractions affecting the housing, ground floor 3 and floor 1, require renovation (there are some works in progress) but structurally there is nothing to point out. Both homes have plenty of natural light and generous areas. For more information please get in touch. At IAD we share business with any consultant or real estate agency. We promote properties on more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer client, contact me. #ref: 135109
Restaurant and housing in a commercial/housing complex in São Marcos, Sintra municipality, Lisbon district. Property composed of five fractions, of which they are: Ground floor 1 – Housing (used as a warehouse for the restaurant) / area 45 m2 Ground floor 2 – Covered parking / area 71.8 m2 Ground floor 3 – Housing / area 100.4 m2 Ground floor 4 – Commerce / area 107 m2 Floor with independent use 1 – Housing 155 m2 Complex with a total area of 500 m2 and an implementation area of 384.85 m2. Renovated restaurant working perfectly and with a good customer base. It has a terrace and barbecue outside, an indoor living room and an equipped kitchen. There is also an office. One of the fractions allocated to housing serves as support for the restaurant. The fraction responsible for parking has an independent entrance from the others and an interior door that gives access to an interior courtyard common to all fractions. The fractions affecting the housing, ground floor 3 and floor 1, require renovation (there are some works in progress) but structurally there is nothing to point out. Both homes have plenty of natural light and generous areas. For more information please get in touch. At IAD we share business with any consultant or real estate agency. We promote properties on more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer client, contact me. #ref: 135109
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Currency Exchange
Sintra, Lisboa, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,015,308 | £26,628 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,015,308 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,628 |
Sintra, Lisboa, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,015,308 | £26,628 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,015,308 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,628 |
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 £26,628 more.
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