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Established for over 35 years, this very well known bar and restaurant is located at the top of Ciudad Quesada with stunning views towards Guardamar, next to the municipal swimming pool
Ciudad Quesada, Alicante, Spain
REF: 935759
€399,000
Description
Established for over 35 years, this very well known bar and restaurant is located at the top of Ciudad Quesada with stunning views towards Guardamar, next to the municipal swimming pool. This thriving business is sold freehold and benefits from year round clientele from local residents and a heaving summer and tourist trade. The commerical property consists of a fully equipped industrial kitchen, a sunny terrace area with outdoor bbq area, an indoor dining room and restaurant, and even a cellar, basement and storage area which is conveniently accessed from the bar. The large premises is fully licensed to seat 71 inside and up to 50 outside on the terrace. An added perk is the free municipal pool located next door to the bar-restaurant attracting tourists all day long during the Summer months serving food and cold drinks. Contact us today for more information about this key ready business opportunity.
Established for over 35 years, this very well known bar and restaurant is located at the top of Ciudad Quesada with stunning views towards Guardamar, next to the municipal swimming pool. This thriving business is sold freehold and benefits from year round clientele from local residents and a heaving summer and tourist trade. The commerical property consists of a fully equipped industrial kitchen, a sunny terrace area with outdoor bbq area, an indoor dining room and restaurant, and even a cellar, basement and storage area which is conveniently accessed from the bar. The large premises is fully licensed to seat 71 inside and up to 50 outside on the terrace. An added perk is the free municipal pool located next door to the bar-restaurant attracting tourists all day long during the Summer months serving food and cold drinks. Contact us today for more information about this key ready business opportunity.
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Currency Exchange
Ciudad Quesada, 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 €399,000 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 |
|---|---|---|---|
| €399,000 | £328,736 | £338,392 | £9,656 |
| Property Price € | €399,000 |
| Minimum cost in the last six months | £328,736 |
| Maximum cost in the last six months | £338,392 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,656 |
Ciudad Quesada, 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 €399,000 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 |
|---|---|---|---|
| €399,000 | £328,736 | £338,392 | £9,656 |
| Property Price € | €399,000 |
| Minimum cost in the last six months | £328,736 |
| Maximum cost in the last six months | £338,392 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,656 |
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 £9,656 more.
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