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The Shandon Bells is an Irish-themed bar and restaurant named after the bells of Shandon Church in Cork and is located on the ground floor of Villamartin Plaza, a shopping center next to the emblematic Villamartin Golf course
Orihuela Costa, Alicante, Spain
REF: 824783
€1,050,000
Description
The Shandon Bells is an Irish-themed bar and restaurant named after the bells of Shandon Church in Cork and is located on the ground floor of Villamartin Plaza, a shopping center next to the emblematic Villamartin Golf course. 100 percent ready for operation from the start. With all licenses and permits. If you have any questions, contact us as soon as possible. Currently, the bar is only focused on tourists and is busy approximately 26 weeks a year. If changes are made, another approach could be given and thus increase occupancy and therefore sales. The pub has a music license so it can open from noon to 4am. This also gives you the option to increase sales with longer opening hours. Shandon Bells produces between 300,000 and 400,000 euros a year in sales. Net profit margins are around 32-35%. 100 percent ready for operation from the start. With all licenses and permits, including music and opening until 4:00. If you have any questions, contact us as soon as possible.
The Shandon Bells is an Irish-themed bar and restaurant named after the bells of Shandon Church in Cork and is located on the ground floor of Villamartin Plaza, a shopping center next to the emblematic Villamartin Golf course. 100 percent ready for operation from the start. With all licenses and permits. If you have any questions, contact us as soon as possible. Currently, the bar is only focused on tourists and is busy approximately 26 weeks a year. If changes are made, another approach could be given and thus increase occupancy and therefore sales. The pub has a music license so it can open from noon to 4am. This also gives you the option to increase sales with longer opening hours. Shandon Bells produces between 300,000 and 400,000 euros a year in sales. Net profit margins are around 32-35%. 100 percent ready for operation from the start. With all licenses and permits, including music and opening until 4:00. If you have any questions, contact us as soon as possible.
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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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £873,474 | £903,651 | £30,177 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £873,474 |
| Maximum cost in the last six months | £903,651 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,177 |
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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £873,474 | £903,651 | £30,177 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £873,474 |
| Maximum cost in the last six months | £903,651 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,177 |
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 £30,177 more.
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