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Opportunity in the Heart of Bairro Alto – Licensed Bar Space for Sale! Looking to launch your own concept in one of Lisbon’s liveliest neighborhoods? This 35m² space with an active bar license is located right in the heart of Bairro Alto, a hotspot of the city's nightlife
Lisboa, Lisboa, Portugal
REF: 962195
€290,000
Description
Opportunity in the Heart of Bairro Alto – Licensed Bar Space for Sale! Looking to launch your own concept in one of Lisbon’s liveliest neighborhoods? This 35m² space with an active bar license is located right in the heart of Bairro Alto, a hotspot of the city's nightlife. Area: 35m² Active bar license Prime location with high foot traffic Needs renovation Perfect for a bar, wine bar, cocktail concept, or creative project A great investment for those wanting to create something unique in one of Lisbon’s most iconic areas. Contact us for more information or to schedule a viewing. #ref: 141008
Opportunity in the Heart of Bairro Alto – Licensed Bar Space for Sale! Looking to launch your own concept in one of Lisbon’s liveliest neighborhoods? This 35m² space with an active bar license is located right in the heart of Bairro Alto, a hotspot of the city's nightlife. Area: 35m² Active bar license Prime location with high foot traffic Needs renovation Perfect for a bar, wine bar, cocktail concept, or creative project A great investment for those wanting to create something unique in one of Lisbon’s most iconic areas. Contact us for more information or to schedule a viewing. #ref: 141008
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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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £251,746 | £12,815 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £251,746 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,815 |
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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £251,746 | £12,815 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £251,746 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,815 |
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 £12,815 more.
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