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In L'Escala, sale of a restaurant (walls + background) with flat
Riells, Spain
REF: 976046
€620,000
Description
For sale: restaurant including property and business, together with the apartment located upstairs, less than a 5-minute walk from the sea, in a pleasant area of L'Escala. The restaurant is currently operating, fully equipped and in excellent condition. It features a bright dining room and a covered terrace with a retractable roof, making it suitable for year-round service. The professional kitchen includes a wood-fired oven, and there is also a bar area, storage space and separate restrooms. Upstairs, the apartment includes two bedrooms, a living room with fireplace, a shower room, a walk-in wardrobe and a 15 m balcony. It is fully furnished and ready to move into or rent out. The property complies with current regulations and requires no additional investment. A great opportunity to continue the existing business or develop a new concept, with the advantage of combining personal life and professional activity in the heart of the Costa Brava. #ref:CBLX04264
For sale: restaurant including property and business, together with the apartment located upstairs, less than a 5-minute walk from the sea, in a pleasant area of L'Escala. The restaurant is currently operating, fully equipped and in excellent condition. It features a bright dining room and a covered terrace with a retractable roof, making it suitable for year-round service. The professional kitchen includes a wood-fired oven, and there is also a bar area, storage space and separate restrooms. Upstairs, the apartment includes two bedrooms, a living room with fireplace, a shower room, a walk-in wardrobe and a 15 m balcony. It is fully furnished and ready to move into or rent out. The property complies with current regulations and requires no additional investment. A great opportunity to continue the existing business or develop a new concept, with the advantage of combining personal life and professional activity in the heart of the Costa Brava. #ref:CBLX04264
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Currency Exchange
Riells, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £511,723 | £538,216 | £26,493 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £511,723 |
| Maximum cost in the last six months | £538,216 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,493 |
Riells, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £511,723 | £538,216 | £26,493 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £511,723 |
| Maximum cost in the last six months | £538,216 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,493 |
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 £26,493 more.
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