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Do you want a home, and at the same time make the most of your stay in a property with a business in operation? This house, with independent use, is ready to live in and has a functional shop (cafe/snack bar working) with an equipped kitchen to meet the needs inherent to everyday life!! It is certai
Crato, Portalegre, Portugal
REF: 806602
€230,000
Description
Do you want a home, and at the same time make the most of your stay in a property with a business in operation? This house, with independent use, is ready to live in and has a functional shop (cafe/snack bar working) with an equipped kitchen to meet the needs inherent to everyday life!! It is certain that it needs some rehabilitation work in order to take advantage of the full potential of this excellent property!! The property is located in Gáfete, next to the National Road 118, in the municipality of Crato, known for its festivals that take place annually and last about a week. On the ground floor, in addition to the cafe/snack bar, there are 5 bathrooms and two bedrooms. The first floor with eight bedrooms, five bathrooms and a spacious room for holding events. On the second floor there is a large terrace, excellent for transforming into a terrace or another space for events. This is a property with unique and excellent characteristics, from the space, the location, and the café/snack bar that is in operation, guaranteeing its profitability from now on!! Given the versatility of this excellent property, it can also, with some works, be transformed into local accommodation!! Get in touch with me and come see the versatility of this space!! iad is a real estate agency that does not have physical stores, which allows me to meet you and provide you with the best service wherever you are, based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule and negotiate my commission with you, guaranteeing you personalized support at all stages of the process and a quality service at the best price. #ref: 115365
Do you want a home, and at the same time make the most of your stay in a property with a business in operation? This house, with independent use, is ready to live in and has a functional shop (cafe/snack bar working) with an equipped kitchen to meet the needs inherent to everyday life!! It is certain that it needs some rehabilitation work in order to take advantage of the full potential of this excellent property!! The property is located in Gáfete, next to the National Road 118, in the municipality of Crato, known for its festivals that take place annually and last about a week. On the ground floor, in addition to the cafe/snack bar, there are 5 bathrooms and two bedrooms. The first floor with eight bedrooms, five bathrooms and a spacious room for holding events. On the second floor there is a large terrace, excellent for transforming into a terrace or another space for events. This is a property with unique and excellent characteristics, from the space, the location, and the café/snack bar that is in operation, guaranteeing its profitability from now on!! Given the versatility of this excellent property, it can also, with some works, be transformed into local accommodation!! Get in touch with me and come see the versatility of this space!! iad is a real estate agency that does not have physical stores, which allows me to meet you and provide you with the best service wherever you are, based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule and negotiate my commission with you, guaranteeing you personalized support at all stages of the process and a quality service at the best price. #ref: 115365
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Currency Exchange
Crato, Portalegre, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,604 | £5,946 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,604 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,946 |
Crato, Portalegre, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,604 | £5,946 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,604 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,946 |
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 £5,946 more.
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