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INVESTMENT OPPORTUNITY WITH ALMOST 8% NET RETURN Turnkey operation with complete management and many reservations for the future, including the year 2026
Lisboa, Lisboa, Portugal
REF: 1001605
€2,700,000
Description
INVESTMENT OPPORTUNITY WITH ALMOST 8% NET RETURN Turnkey operation with complete management and many reservations for the future, including the year 2026. Large, 240m2 + 240m2 of rooftop terrace, fully furnished and equipped guest house for sale with capacity for up to 19 guests, amazing rooftop terrace with kitchen, and transferable AL licence, offering investors a guaranteed 8% return, with profits from day 1, since the guest house is currently in full operation, signifying a turn-key sale. Located on the top floor of this very central building with an elevator close to the famous Avenida da Liberdade. The property has 9 private, air-conditioned bedrooms, all of which possess a private, ensuite full bathroom and TV. All rooms have quality double-glazed windows, with a turn and tilt mechanism, and all are furnished with two single beds, bedside tables and lamps, work desk and chair, safe, door codes, and wardrobes. The property also has three fully equipped kitchens, and a common leisure and dining room, also includes a service bathroom. All kitchens have an oven, cooker with exhaust fan, fridge, freezer, microwave, dishwasher and there is also a washing machine in the property. The 240m2 rooftop terrace offers magnificent panoramic views of the city centre, and is furnished with dining tables and chairs and also terrace furniture for the guests to enjoy some quality leisure time in the sun, or cooling off in the shade of the extendable awnings. There's also a full kitchen and a bathroom on the terrace, making this an ideal rooftop space for events and group catering. This is a prime location in Lisbon, in the downtown city centre (Baixa), just 300m from the Avenida da Liberdade, and the Avenida Metro station. #ref: 145294
INVESTMENT OPPORTUNITY WITH ALMOST 8% NET RETURN Turnkey operation with complete management and many reservations for the future, including the year 2026. Large, 240m2 + 240m2 of rooftop terrace, fully furnished and equipped guest house for sale with capacity for up to 19 guests, amazing rooftop terrace with kitchen, and transferable AL licence, offering investors a guaranteed 8% return, with profits from day 1, since the guest house is currently in full operation, signifying a turn-key sale. Located on the top floor of this very central building with an elevator close to the famous Avenida da Liberdade. The property has 9 private, air-conditioned bedrooms, all of which possess a private, ensuite full bathroom and TV. All rooms have quality double-glazed windows, with a turn and tilt mechanism, and all are furnished with two single beds, bedside tables and lamps, work desk and chair, safe, door codes, and wardrobes. The property also has three fully equipped kitchens, and a common leisure and dining room, also includes a service bathroom. All kitchens have an oven, cooker with exhaust fan, fridge, freezer, microwave, dishwasher and there is also a washing machine in the property. The 240m2 rooftop terrace offers magnificent panoramic views of the city centre, and is furnished with dining tables and chairs and also terrace furniture for the guests to enjoy some quality leisure time in the sun, or cooling off in the shade of the extendable awnings. There's also a full kitchen and a bathroom on the terrace, making this an ideal rooftop space for events and group catering. This is a prime location in Lisbon, in the downtown city centre (Baixa), just 300m from the Avenida da Liberdade, and the Avenida Metro station. #ref: 145294
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Currency Exchange
Lisboa, Lisboa, 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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,228,715 | £2,363,364 | £134,649 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,228,715 |
| Maximum cost in the last six months | £2,363,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £134,649 |
Lisboa, Lisboa, 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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,228,715 | £2,363,364 | £134,649 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,228,715 |
| Maximum cost in the last six months | £2,363,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £134,649 |
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 £134,649 more.
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