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commercial in Orihuela Costa, Alicante, Spain
Orihuela Costa, Alicante, Spain
REF: 655021
€99,500
Description
A unique opportunity to acquire one of the largest and most popular bar and restaurants in the Villamartin area. The current owners have over many years built up a fantastic business, with extensive menus and top entertainment most nights. Situated in a residential area with regular clientele and all year round holidaymakers. Licensing hours 9 am-1 am but 4 am licensing available.Very reasonable rent for the premises which comprises of inside restaurant and stage of 98 m2, fully equipped kitchen of 14 m2 with separate entrance, closed conservatory and pool table area of 68 m2, open or closed side terrace 36 m2, front raised terrace 8 m2, and a fantastic bar area of 20 m2 for inside and outside serving. Plus a car park, full books and accounts available for this fully legal and lucrative business. Contact us for more details and to be put in direct contact with the owners. About MedCosta With our partnerships throughout Spain we can offer a wide choice of properties to suit all budgets and requirements. We are not biased towards a particular area but we do have expert knowledge in the areas we cover. We offer the following: * Viewing trips - a PREMIUM service to help you get to know the area as well as viewing a selection of properties matching your requirements. * Appointments to view selected properties from our portfolio. * Mini guided tours, or perhaps just a friendly chat over a cup of coffee whilst you are on holiday. * Help finding Below Market Value Properties - Repossessions and Property Investment Advice. * Spanish Mortgage Advice. * Sell your Property with us for a quick and efficient service. * Currency Exchange Advice. We have numerous happy clients who we have helped buy or sell during the past 10 years and who are now living the dream.
A unique opportunity to acquire one of the largest and most popular bar and restaurants in the Villamartin area. The current owners have over many years built up a fantastic business, with extensive menus and top entertainment most nights. Situated in a residential area with regular clientele and all year round holidaymakers. Licensing hours 9 am-1 am but 4 am licensing available.Very reasonable rent for the premises which comprises of inside restaurant and stage of 98 m2, fully equipped kitchen of 14 m2 with separate entrance, closed conservatory and pool table area of 68 m2, open or closed side terrace 36 m2, front raised terrace 8 m2, and a fantastic bar area of 20 m2 for inside and outside serving. Plus a car park, full books and accounts available for this fully legal and lucrative business. Contact us for more details and to be put in direct contact with the owners. About MedCosta With our partnerships throughout Spain we can offer a wide choice of properties to suit all budgets and requirements. We are not biased towards a particular area but we do have expert knowledge in the areas we cover. We offer the following: * Viewing trips - a PREMIUM service to help you get to know the area as well as viewing a selection of properties matching your requirements. * Appointments to view selected properties from our portfolio. * Mini guided tours, or perhaps just a friendly chat over a cup of coffee whilst you are on holiday. * Help finding Below Market Value Properties - Repossessions and Property Investment Advice. * Spanish Mortgage Advice. * Sell your Property with us for a quick and efficient service. * Currency Exchange Advice. We have numerous happy clients who we have helped buy or sell during the past 10 years and who are now living the dream.
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Property on Map
Currency Exchange
Orihuela Costa, Alicante, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €99,500 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 |
|---|---|---|---|
| €99,500 | £81,978 | £85,515 | £3,537 |
| Property Price € | €99,500 |
| Minimum cost in the last six months | £81,978 |
| Maximum cost in the last six months | £85,515 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,537 |
Orihuela Costa, Alicante, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €99,500 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 |
|---|---|---|---|
| €99,500 | £81,978 | £85,515 | £3,537 |
| Property Price € | €99,500 |
| Minimum cost in the last six months | £81,978 |
| Maximum cost in the last six months | £85,515 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,537 |
The exchange rate on the day you make an offer on your property in Spain 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 £3,537 more.
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