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A freehold public house, The Crown, in Los Alcazares, Murcia located on the main strip with excellent footfall
Los Alcázares, Murcia, Spain
REF: 779501
€294,950
Description
A freehold public house, The Crown, in Los Alcazares, Murcia located on the main strip with excellent footfall. With approx. 70 sqm inside and a 50 sqm terrace outside, now is the chance to purchase a wonderful, successful, and proven business which includes all fixtures and fittings plus stock.Inside, the pub has a very traditional British style fittings you would associate with an English pub, with large TV, a corner position for a DJ with speakers and lighting and the all important air-conditioning. There are plenty of fridges within the pub and an upstairs stock room plus two W/C s. The terrace is great, looking out to the main thoroughfare of Los Alcazares with around 14 tables on the terrace and only 300 per annum for the terrace tax. You have a large canopy with retractable awnings offering shade to the terrace and clients.The business has been established since 2015, with the current owner now into there 4th year but looking for pastures new. This really is an excellent opportunity for someone to grab a rare freehold business and build a little goldmine in this beautiful part of Murcia with the sea and beaches just a few minutes walk and Murcia international airport only 40 minutes drive and Alicante airport 50 minutes away.
A freehold public house, The Crown, in Los Alcazares, Murcia located on the main strip with excellent footfall. With approx. 70 sqm inside and a 50 sqm terrace outside, now is the chance to purchase a wonderful, successful, and proven business which includes all fixtures and fittings plus stock.Inside, the pub has a very traditional British style fittings you would associate with an English pub, with large TV, a corner position for a DJ with speakers and lighting and the all important air-conditioning. There are plenty of fridges within the pub and an upstairs stock room plus two W/C s. The terrace is great, looking out to the main thoroughfare of Los Alcazares with around 14 tables on the terrace and only 300 per annum for the terrace tax. You have a large canopy with retractable awnings offering shade to the terrace and clients.The business has been established since 2015, with the current owner now into there 4th year but looking for pastures new. This really is an excellent opportunity for someone to grab a rare freehold business and build a little goldmine in this beautiful part of Murcia with the sea and beaches just a few minutes walk and Murcia international airport only 40 minutes drive and Alicante airport 50 minutes away.
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Currency Exchange
Los Alcázares, 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 €294,950 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 |
|---|---|---|---|
| €294,950 | £245,363 | £253,840 | £8,477 |
| Property Price € | €294,950 |
| Minimum cost in the last six months | £245,363 |
| Maximum cost in the last six months | £253,840 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,477 |
Los Alcázares, 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 €294,950 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 |
|---|---|---|---|
| €294,950 | £245,363 | £253,840 | £8,477 |
| Property Price € | €294,950 |
| Minimum cost in the last six months | £245,363 |
| Maximum cost in the last six months | £253,840 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,477 |
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 £8,477 more.
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