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Restaurant Sell in Lagoa e Carvoeiro,Lagoa (Algarve)
Lagoa (Algarve), Portugal
REF: 941256
€550,000
Description
Restaurant for Sale Prime Location in CarvoeiroLocated in a prestigious residential and tourist area, this restaurant benefits from a strategic location, just a 5-minute walk from the center of Carvoeiro. With a welcoming atmosphere and well-distributed spaces, this establishment is ideal for those looking to invest in the restaurant sector in one of the most sought-after areas of the Algarve.Upon entering, you are welcomed into a spacious area that leads to a functional and well-organized kitchen, equipped with a cold storage room, pantry, and food storage area.In the private area adjacent to the kitchen, there is a service corridor, staff bathroom, wine cellar for storage, and a barbecue grill, perfect for preparing grilled dishes and traditional regional specialties.The outdoor area features a large terrace, ideal for offering customers a pleasant dining experience in the open air with a view of the pool, making the most of the Algarve s sunny climate.The property requires some renovations, providing an excellent opportunity to customize and adapt the space to the future owner s needs, making it even more attractive and functional.This is a great investment opportunity for those looking to establish a restaurant business in one of the most desirable locations on the Algarve coast.For more information or to schedule a visit, please do not hesitate to contact us.
Restaurant for Sale Prime Location in CarvoeiroLocated in a prestigious residential and tourist area, this restaurant benefits from a strategic location, just a 5-minute walk from the center of Carvoeiro. With a welcoming atmosphere and well-distributed spaces, this establishment is ideal for those looking to invest in the restaurant sector in one of the most sought-after areas of the Algarve.Upon entering, you are welcomed into a spacious area that leads to a functional and well-organized kitchen, equipped with a cold storage room, pantry, and food storage area.In the private area adjacent to the kitchen, there is a service corridor, staff bathroom, wine cellar for storage, and a barbecue grill, perfect for preparing grilled dishes and traditional regional specialties.The outdoor area features a large terrace, ideal for offering customers a pleasant dining experience in the open air with a view of the pool, making the most of the Algarve s sunny climate.The property requires some renovations, providing an excellent opportunity to customize and adapt the space to the future owner s needs, making it even more attractive and functional.This is a great investment opportunity for those looking to establish a restaurant business in one of the most desirable locations on the Algarve coast.For more information or to schedule a visit, please do not hesitate to contact us.
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Currency Exchange
Lagoa (Algarve), 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £477,450 | £24,305 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,305 |
Lagoa (Algarve), 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £477,450 | £24,305 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,305 |
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 £24,305 more.
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