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Unique Business or Investment Opportunity Character Beautifully Restore Historic Building in the Centre of Town (800m2) currently used as Bar and large Discotheque
Calasparra, Murcia, Spain
REF: 779479
€850,000
Description
Unique Business or Investment Opportunity Character Beautifully Restore Historic Building in the Centre of Town (800m2) currently used as Bar and large Discotheque. Location: Centre of the Thriving Town of Calasparra in North West Murcia Price: 850,000 Euros Summary: Detached Beautifully Restored Former Monastery (800m2) - Three Floors 800m2 in total with ground floor access to two floors - Prime Location in the centre of the town opposite main car park & market area - Male and Femail toilets on each floor and in also in courtyard - Large outside Courtyard bar area with BBQ - Spacious lounge /dining room - Fully Double Glazed Windows with extra soundproofing in the Disco - Hot & Cold Air-conditioning - Two entrances and fire escape - Huge potential to convert to hotel, restaurant or luxury apartments or remain as a quality bar business. Full Licenses, Planning Permission and photos showing the quality conversion Masses of quality and characterful features
Unique Business or Investment Opportunity Character Beautifully Restore Historic Building in the Centre of Town (800m2) currently used as Bar and large Discotheque. Location: Centre of the Thriving Town of Calasparra in North West Murcia Price: 850,000 Euros Summary: Detached Beautifully Restored Former Monastery (800m2) - Three Floors 800m2 in total with ground floor access to two floors - Prime Location in the centre of the town opposite main car park & market area - Male and Femail toilets on each floor and in also in courtyard - Large outside Courtyard bar area with BBQ - Spacious lounge /dining room - Fully Double Glazed Windows with extra soundproofing in the Disco - Hot & Cold Air-conditioning - Two entrances and fire escape - Huge potential to convert to hotel, restaurant or luxury apartments or remain as a quality bar business. Full Licenses, Planning Permission and photos showing the quality conversion Masses of quality and characterful features
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Currency Exchange
Calasparra, Murcia, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
Calasparra, Murcia, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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