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Caf Sale in Luz,Lagos
Lagos, Portugal
REF: 990510
€250,000
Description
Excellent business opportunity for a bar with a running business in Praia da Luz.Ready for immediate operation and with an impressive history of success.This bar, strategically located in the heart of the picturesque Vila da Luz, holds a license allowing operation as a snack bar until 2 in the morning.The establishment offers an outdoor area with authorization for use, a cozy main room, a fully equipped bar with a kitchen and a practical pantry. Additionally, it has two bathrooms, one for gentlemen and another for ladies, as well as a convenient pantry for storage and organization.The bar is equipped with modern air conditioning systems for customer comfort and features a video surveillance system to ensure the security of the premises. This is undoubtedly a unique opportunity to acquire a successful commercial establishment in the charming Praia da Luz.
Excellent business opportunity for a bar with a running business in Praia da Luz.Ready for immediate operation and with an impressive history of success.This bar, strategically located in the heart of the picturesque Vila da Luz, holds a license allowing operation as a snack bar until 2 in the morning.The establishment offers an outdoor area with authorization for use, a cozy main room, a fully equipped bar with a kitchen and a practical pantry. Additionally, it has two bathrooms, one for gentlemen and another for ladies, as well as a convenient pantry for storage and organization.The bar is equipped with modern air conditioning systems for customer comfort and features a video surveillance system to ensure the security of the premises. This is undoubtedly a unique opportunity to acquire a successful commercial establishment in the charming Praia da Luz.
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Currency Exchange
Lagos, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,363 | £217,023 | £10,660 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,363 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,660 |
Lagos, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,363 | £217,023 | £10,660 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,363 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,660 |
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 £10,660 more.
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