2-storey building consisting of 1 shop and 1 2 bedroom apartment located on Nacional 125 in LAGOA

Lagoa, Faro, Portugal, 8400-395

For Sale

€530,000

REF: 410033 €530,000


2

7

Description

Building with 263 m2 located on the famous National 125 in the heart of Lagoa and next to the access roundabout to Carvoeiro consisting on the ground floor of a partially equipped restaurant shop with 163 m2 where you will discover a service area with living room, a kitchen, a preparation space, 2 bathrooms for employees, 2 public bathrooms, 1 interior terrace with 9m2 and several storage rooms. A 30 m2 terrace in front of the building is authorized by the Municipality of Lagoa. On the 1st ..

Building with 263 m2 located on the famous National 125 in the heart of Lagoa and next to the access roundabout to Carvoeiro consisting on the ground floor of a partially equipped restaurant shop with 163 m2 where you will discover a service area with living room, a kitchen, a preparation space, 2 bathrooms for employees, 2 public bathrooms, 1 interior terrace with 9m2 and several storage rooms. A 30 m2 terrace in front of the building is authorized by the Municipality of Lagoa. On the 1st floor you will find an apartment with 99.7 m2 consisting of 2 en-suite bedrooms with built-in wardrobes, a service bathroom, an equipped kitchen and open to a spacious living room with direct access to a private terrace with 48 m2 that is rented! There is the possibility of going up one more floor for housing. Come and visit before it's too late, being an ideal property for an investor, taking into account that you can easily rent the trade or explore it and that the apartment is rented!
Building with 263 m2 located on the famous National 125 in the heart of Lagoa and next to the access roundabout to Carvoeiro consisting on the ground floor of a partially equipped restaurant shop with 163 m2 where you will discover a service area with living room, a kitchen, a preparation space, 2 bathrooms for employees, 2 public bathrooms, 1 interior terrace with 9m2 and several storage rooms. A 30 m2 terrace in front of the building is authorized by the Municipality of Lagoa. On the 1st ..

Building with 263 m2 located on the famous National 125 in the heart of Lagoa and next to the access roundabout to Carvoeiro consisting on the ground floor of a partially equipped restaurant shop with 163 m2 where you will discover a service area with living room, a kitchen, a preparation space, 2 bathrooms for employees, 2 public bathrooms, 1 interior terrace with 9m2 and several storage rooms. A 30 m2 terrace in front of the building is authorized by the Municipality of Lagoa. On the 1st floor you will find an apartment with 99.7 m2 consisting of 2 en-suite bedrooms with built-in wardrobes, a service bathroom, an equipped kitchen and open to a spacious living room with direct access to a private terrace with 48 m2 that is rented! There is the possibility of going up one more floor for housing. Come and visit before it's too late, being an ideal property for an investor, taking into account that you can easily rent the trade or explore it and that the apartment is rented!
Read More

Property on Map

#JF-108

Currency Exchange

Lagoa, Faro, Portugal, 8400-395

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 €530,000 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
€530,000 £450,866 £463,978 £13,112
Property Price € €530,000
Minimum cost in the last six months £450,866
Maximum cost in the last six months £463,978
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,112

Lagoa, Faro, Portugal, 8400-395

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 €530,000 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
€530,000 £450,866 £463,978 £13,112
Property Price € €530,000
Minimum cost in the last six months £450,866
Maximum cost in the last six months £463,978
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,112

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 £13,112 more.

Read More







No     Yes



No     Yes

I agree to be connected with a trusted property agent who will receive these details.
We handle your data with care and only ever as outlined in our Privacy Policy

Loading..
We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies.