Search
A unique opportunity to purchase a FREEHOLD bar/restaurant perfectly located in the heart of Velez Malaga in the well known Parque Velez
Vélez-Málaga, Málaga, Spain
REF: 857256
€150,000
Description
A unique opportunity to purchase a FREEHOLD bar/restaurant perfectly located in the heart of Velez Malaga in the well known Parque Velez . The bar enjoys superb views to the front of the tree lined pedestrian avenue/paseo and a children's play area. A car park is alongside and the bus station to the rear. The bar measures 92m2 plus has a front and side terrace. Currently operates as a bar with all day tapas plus meals at midday. Sold furnished. The modern kitchen is completely fitted and has brand new kitchen equipment/utensils. Inside the bar there are 8 tables creating seating for 32 persons plus the bar seating creates 42. There are his and her toilets, a storeroom and two entrances to both terraces.The terraces have 12 tables in total and seating for 48 persons. The front terrace has a sun awning with side panels, which creates an additional room for functions and during winter months. THIS BAR IS MORTGAGEABLE APPROVED BY LOCAL BANK SUBJECT TO CLIENT STATUS. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
A unique opportunity to purchase a FREEHOLD bar/restaurant perfectly located in the heart of Velez Malaga in the well known Parque Velez . The bar enjoys superb views to the front of the tree lined pedestrian avenue/paseo and a children's play area. A car park is alongside and the bus station to the rear. The bar measures 92m2 plus has a front and side terrace. Currently operates as a bar with all day tapas plus meals at midday. Sold furnished. The modern kitchen is completely fitted and has brand new kitchen equipment/utensils. Inside the bar there are 8 tables creating seating for 32 persons plus the bar seating creates 42. There are his and her toilets, a storeroom and two entrances to both terraces.The terraces have 12 tables in total and seating for 48 persons. The front terrace has a sun awning with side panels, which creates an additional room for functions and during winter months. THIS BAR IS MORTGAGEABLE APPROVED BY LOCAL BANK SUBJECT TO CLIENT STATUS. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
Read More
Property on Map
Currency Exchange
Vélez-Málaga, Málaga, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £130,214 | £6,629 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £130,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,629 |
Vélez-Málaga, Málaga, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £130,214 | £6,629 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £130,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,629 |
The exchange rate on the day you make an offer on your property in Spain 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 £6,629 more.
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
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
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
