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Excellent Business Opportunity in Nazaré Village Local Accommodation with Charm, Sophistication, and High Profitability We present this magnificent guest house, located in the picturesque and tourist-friendly village of Nazaré, just a few meters from the beach
Nazaré, Leiria, Portugal
REF: 1000112
€2,150,000
Description
Excellent Business Opportunity in Nazaré Village Local Accommodation with Charm, Sophistication, and High Profitability We present this magnificent guest house, located in the picturesque and tourist-friendly village of Nazaré, just a few meters from the beach. With a welcoming and elegant design, this property offers a unique experience for its guests, making it an excellent investment opportunity. ✨ Property Features: 11 suites, totaling 36 beds Welcoming reception Breakfast room Outdoor pool Exquisite bar Private parking for guests Commercial Performance: Proven average annual occupancy of 78% Proven annual revenue: €350,000.00 Daily rates between €90 and €180 Team of 6 employees Premium Location: Nazaré is internationally recognized for its impressive giant waves, attracting surfers and tourists from all over the world. This constant flow of visitors contributes significantly to the property's high occupancy rate throughout the year. For more information, contact your IAD Portugal consultant #ref: 146097
Excellent Business Opportunity in Nazaré Village Local Accommodation with Charm, Sophistication, and High Profitability We present this magnificent guest house, located in the picturesque and tourist-friendly village of Nazaré, just a few meters from the beach. With a welcoming and elegant design, this property offers a unique experience for its guests, making it an excellent investment opportunity. ✨ Property Features: 11 suites, totaling 36 beds Welcoming reception Breakfast room Outdoor pool Exquisite bar Private parking for guests Commercial Performance: Proven average annual occupancy of 78% Proven annual revenue: €350,000.00 Daily rates between €90 and €180 Team of 6 employees Premium Location: Nazaré is internationally recognized for its impressive giant waves, attracting surfers and tourists from all over the world. This constant flow of visitors contributes significantly to the property's high occupancy rate throughout the year. For more information, contact your IAD Portugal consultant #ref: 146097
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Currency Exchange
Nazaré, Leiria, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,774,718 | £1,881,938 | £107,221 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,774,718 |
| Maximum cost in the last six months | £1,881,938 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £107,221 |
Nazaré, Leiria, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,774,718 | £1,881,938 | £107,221 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,774,718 |
| Maximum cost in the last six months | £1,881,938 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £107,221 |
The exchange rate on the day you make an offer on your property in Portugal 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 £107,221 more.
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