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Commercial Sale Es Mercadal
Son Parc, Spain
REF: 900273
€980,000
Description
Property in Son Parc that has a restaurant, a premises on the ground floor attached to the restaurant and main house plus two apartments on the upper floor. The restaurant, located on the ground floor of the building, has a bar area, two large dining rooms and an equipped kitchen with capacity for about 150 diners in total. The indoor dining room offers a warm and friendly atmosphere and can seat up to 42 people. The outdoor dining area consists of covered terraces surrounded by Mediterranean vegetation and gardens and offers tables for 100 people. The upper part of the restaurant houses the family home where we find four bedrooms, two bathrooms (one en suite), living-dining room with fireplace, kitchen, terraces and large laundry area with machinery for the proper functioning of the business. It has air conditioning in all rooms. The property is completed by two independent apartments (to accommodate the staff) and several storage rooms. The apartments consist of a double bedroom and a bathroom. All in good condition. A very complete property to exploit as a restaurant business that has a very good reputation and also to reside, close to the beach of Son Parc. Contact us and we'll give you more information! #ref:3943
Property in Son Parc that has a restaurant, a premises on the ground floor attached to the restaurant and main house plus two apartments on the upper floor. The restaurant, located on the ground floor of the building, has a bar area, two large dining rooms and an equipped kitchen with capacity for about 150 diners in total. The indoor dining room offers a warm and friendly atmosphere and can seat up to 42 people. The outdoor dining area consists of covered terraces surrounded by Mediterranean vegetation and gardens and offers tables for 100 people. The upper part of the restaurant houses the family home where we find four bedrooms, two bathrooms (one en suite), living-dining room with fireplace, kitchen, terraces and large laundry area with machinery for the proper functioning of the business. It has air conditioning in all rooms. The property is completed by two independent apartments (to accommodate the staff) and several storage rooms. The apartments consist of a double bedroom and a bathroom. All in good condition. A very complete property to exploit as a restaurant business that has a very good reputation and also to reside, close to the beach of Son Parc. Contact us and we'll give you more information! #ref:3943
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Currency Exchange
Son Parc, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £815,242 | £843,408 | £28,165 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £815,242 |
| Maximum cost in the last six months | £843,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,165 |
Son Parc, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £815,242 | £843,408 | £28,165 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £815,242 |
| Maximum cost in the last six months | £843,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,165 |
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 £28,165 more.
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