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Are you looking for a business opportunity in the heart of Faro? We are pleased to present a welcoming and well-located café/snack bar, available for transfer and located in the Mercado Municipal de Faro
Faro, Faro, Portugal
REF: 811355
€85,000
Description
Are you looking for a business opportunity in the heart of Faro? We are pleased to present a welcoming and well-located café/snack bar, available for transfer and located in the Mercado Municipal de Faro. With 33.81m² of well-utilized space, this establishment offers: Privileged Location: Located opposite the entrance to Loja do Cidadão, it guarantees visibility and a constant flow of potential customers. Open Space: An area open to the street, ideal for attracting the attention of passersby. Terrace: With capacity for at least 15 tables, perfect for enjoying Faro's mild climate. Basement Storage: Additional storage space, keeping your business organized and efficient. Flexible Hours: Freedom to define opening and closing times that best suit your lifestyle and your target audience. The monthly rent is 540.00 and this is a transfer with transfer of the contractual position. Don't miss this opportunity to invest in a business with growth potential in one of the city's most vibrant markets. Contact me for more information and schedule a visit today! #ref: 115505
Are you looking for a business opportunity in the heart of Faro? We are pleased to present a welcoming and well-located café/snack bar, available for transfer and located in the Mercado Municipal de Faro. With 33.81m² of well-utilized space, this establishment offers: Privileged Location: Located opposite the entrance to Loja do Cidadão, it guarantees visibility and a constant flow of potential customers. Open Space: An area open to the street, ideal for attracting the attention of passersby. Terrace: With capacity for at least 15 tables, perfect for enjoying Faro's mild climate. Basement Storage: Additional storage space, keeping your business organized and efficient. Flexible Hours: Freedom to define opening and closing times that best suit your lifestyle and your target audience. The monthly rent is 540.00 and this is a transfer with transfer of the contractual position. Don't miss this opportunity to invest in a business with growth potential in one of the city's most vibrant markets. Contact me for more information and schedule a visit today! #ref: 115505
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Currency Exchange
Faro, Faro, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £72,309 | £74,412 | £2,103 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £72,309 |
| Maximum cost in the last six months | £74,412 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,103 |
Faro, Faro, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £72,309 | £74,412 | £2,103 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £72,309 |
| Maximum cost in the last six months | £74,412 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,103 |
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 £2,103 more.
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