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We are pleased to offer you this fabulous business opportunity
Algorfa, Alicante, Spain
REF: 746686
€55,000
Description
We are pleased to offer you this fabulous business opportunity. This Popular Restaurant is located in the desirable Urbanization of La Finca Golf in Algorfa. A very sought after area due to the 5 Star Golf and Spa Resort, La Finca attracts plenty of tourists of all nationalities who come back year after year. Between summer seasons and golf seasons, there is never a dull moment! At the Commercial Centre there are several other bars and restaurants, accommodating for many all-year-round residents within the local area. The premises are located on the 1st floor of the commercial centre with lift access. This particular opportunity comprises of two rented units. The first and second have been joint forming the restaurant, offering a spacious interior dining area, fully fitted bar, male & female toilets, fully fitted kitchen, wash room and handy upstairs storage. This popular establishment is perfect also for holding functions as can cover up to 100 people inside! Including a large kitchen with all stock and equipment included!The large terrace area covers both units, seating approx. 70. It has roof and side awnings allowing you to make good use of the space all year round. For more details on rent and contract info please enquire.
We are pleased to offer you this fabulous business opportunity. This Popular Restaurant is located in the desirable Urbanization of La Finca Golf in Algorfa. A very sought after area due to the 5 Star Golf and Spa Resort, La Finca attracts plenty of tourists of all nationalities who come back year after year. Between summer seasons and golf seasons, there is never a dull moment! At the Commercial Centre there are several other bars and restaurants, accommodating for many all-year-round residents within the local area. The premises are located on the 1st floor of the commercial centre with lift access. This particular opportunity comprises of two rented units. The first and second have been joint forming the restaurant, offering a spacious interior dining area, fully fitted bar, male & female toilets, fully fitted kitchen, wash room and handy upstairs storage. This popular establishment is perfect also for holding functions as can cover up to 100 people inside! Including a large kitchen with all stock and equipment included!The large terrace area covers both units, seating approx. 70. It has roof and side awnings allowing you to make good use of the space all year round. For more details on rent and contract info please enquire.
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Currency Exchange
Algorfa, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,753 | £47,334 | £1,581 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,753 |
| Maximum cost in the last six months | £47,334 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,581 |
Algorfa, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,753 | £47,334 | £1,581 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,753 |
| Maximum cost in the last six months | £47,334 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,581 |
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 £1,581 more.
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