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We present an exceptional investment opportunity: a commercial building for sale in a prime area of Albufeira, one of the most dynamic and tourist-friendly cities in the Algarve
Albufeira, Faro, Portugal
REF: 954843
€550,000
Description
We present an exceptional investment opportunity: a commercial building for sale in a prime area of Albufeira, one of the most dynamic and tourist-friendly cities in the Algarve. Currently, the property is leased to a well-established supermarket chain, ensuring a stable source of income for the future owner. Key Features: Strategic Location: Situated in an area with high pedestrian and vehicular traffic, the building benefits from proximity to residential zones, commercial establishments, and tourist attractions. Albufeira is renowned for its stunning beaches and vibrant nightlife, attracting thousands of tourists annually, which guarantees a constant flow of customers to the establishment. Generous Space: With a total area of 290 square meters, the space is designed to optimize product display and facilitate customer circulation, providing a pleasant shopping experience. Modern Infrastructure: The property is equipped with efficient air conditioning systems, ensuring a comfortable environment for customers and staff throughout the year. Storage Area: It offers a spacious and functional storage area, allowing for effective stock management and facilitating daily logistical operations. Convenient Parking: There is parking available in front of the building, making access easier for customers and employees. Existing Lease Agreement: Currently, the building is leased to a reputable supermarket chain, providing an immediate and stable source of income for the future owner. This property represents an excellent opportunity for investors seeking a real estate asset with guaranteed returns and potential for appreciation in one of the most sought-after locations in the Algarve. Albufeira, with its 30 km coastline and numerous fine sandy beaches with crystal-clear waters, is one of the country's main tourist centers, attracting visitors from around the world. Don't miss the chance to acquire this unique property in Albufeira. For more information or to schedule a visit, please contact us. We are available to provide all necessary details and clarify any questions you may have. #ref: 138490
We present an exceptional investment opportunity: a commercial building for sale in a prime area of Albufeira, one of the most dynamic and tourist-friendly cities in the Algarve. Currently, the property is leased to a well-established supermarket chain, ensuring a stable source of income for the future owner. Key Features: Strategic Location: Situated in an area with high pedestrian and vehicular traffic, the building benefits from proximity to residential zones, commercial establishments, and tourist attractions. Albufeira is renowned for its stunning beaches and vibrant nightlife, attracting thousands of tourists annually, which guarantees a constant flow of customers to the establishment. Generous Space: With a total area of 290 square meters, the space is designed to optimize product display and facilitate customer circulation, providing a pleasant shopping experience. Modern Infrastructure: The property is equipped with efficient air conditioning systems, ensuring a comfortable environment for customers and staff throughout the year. Storage Area: It offers a spacious and functional storage area, allowing for effective stock management and facilitating daily logistical operations. Convenient Parking: There is parking available in front of the building, making access easier for customers and employees. Existing Lease Agreement: Currently, the building is leased to a reputable supermarket chain, providing an immediate and stable source of income for the future owner. This property represents an excellent opportunity for investors seeking a real estate asset with guaranteed returns and potential for appreciation in one of the most sought-after locations in the Algarve. Albufeira, with its 30 km coastline and numerous fine sandy beaches with crystal-clear waters, is one of the country's main tourist centers, attracting visitors from around the world. Don't miss the chance to acquire this unique property in Albufeira. For more information or to schedule a visit, please contact us. We are available to provide all necessary details and clarify any questions you may have. #ref: 138490
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Currency Exchange
Albufeira, 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 €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 | £465,350 | £12,205 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £465,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,205 |
Albufeira, 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 €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 | £465,350 | £12,205 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £465,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,205 |
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 £12,205 more.
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