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Algarve Comercial / Shop for sale
Lagos Praia da Luz | Ref: 4861
Bedrooms:  0
Year:  2008
House Area:  136 m2
Plot Area:  175 m2
Price:  265,000.00 | £236 607
Spacious commercial property in the heart of Praia da Luz
Golden opportunity to purchase a well established commercial property in Luz, currently functioning as a large bakery. The property sits in a very central location in the heart of Praia da Luz, so customer traffic guaranteed. It either comes fully equipped with absolutely all the appliances needed to run a successful bakery business or it comes fully equipped in only the front part of the property where the commercial part is. If you wish to purchase the property with all equipment included in the back space, the main baking station, then the price will be €320.000. Upon entering the property you'll find yourself in a large public customer space with plenty of seating possibilities. 2 bathrooms for customers are obviously in place as well. The work space behind the counter is extremely spacious and has absolutely all the equipment needed for a bakery. In the back room, just off behind the working counter, we have a very spacious storage room as well as a staff toilet, including a shower room. From here the back door leads to a private inner courtyard, perfect for parking your car or store different items. On the other side of the courtyard is a second building, which is the main baking station. Just as in the front space, this part of the property is completely equipped as well; bread ovens, walk in fridges, storage units and everything you will be needing is in place already. The property has air conditioning and is supplied with an alarm system. An absolute ideal property in a perfect location in the centre of town for a commercial business, which can be a lot more than just a bakery. With an easy conversion you can turn the complete front part of the property into public commercial space, whilst the back part of the property can function as kitchen area or an area to your liking. Solid opportunity!

Portugal Property How to Choose the Right Real Estate

How to Choose the Right Portugal Real Estate for You

Portugal Real Estate has been attracting investors from different parts of world.  

Portugal is not only a perfect place for those looking to live close to nature, but also for those who are seeking for opportunities to grow their trade. However, a major decision like this needs to be deliberated thoroughly. Your investment can turn into a burden if the property will not prove right for you.

Why Buy a Property in Portugal

Portugal is a region in the southernmost part of Europe. For example the Algarve It is not just any region, but the third richest in the country. About 10 million tourists spend their vacation in Algarve each year. The town of Lagos in particular, are popular for its gorgeous beaches, verdant pastures, and spectacular historical sites.

The climate is mild, with infrequent rains during the period from December to March. Summer is when all the fun begins, with most holiday-makers spending their time by the shore. Restaurants are in every corner, serving a wide range of delectable cuisines and wines. Luxury golf courses, nightlife, shopping centres, and supermarkets surround the residential areas.

Factors to Consider When Buying Portugal Real Estate

Portugal Property for sale is not limited to homes, villas, and apartments. There is a Portugal Real Estate for any budget and specification. To find the right property to buy, it will help to consider the factors below.

  • Security. Portugal is an economically stable country. There are instances of inflation, but the real estate industry remains strong. This may attribute to minimal crime rates and low cost of living. Jobs are offered from different sectors—tourism, fishing and aquaculture, manufacturing, etc. A significant portion of the population is content at working from home. Whether you are looking for a property to turn into rented accommodations, to resell for a higher price, or to make your home, you will never go wrong with Portugal property for sale.
  • Budget. Portugal Real Estate prices are lower compared to real estate prices in other European territories. But before you look for a specific property to buy, you need to set your price range first. It can be easy to get persuaded by sales talk from a real estate agent. A little more than your target price will not hurt, but once you go beyond your price range, you may not know when to stop. Stick to your budget to avoid the risks of a financial trouble.

 

Specifications. Determine the specifications of the property you want to buy. Look ahead in the future, and decide what you will use the property for. The number of rooms you need, the size of the kitchen, or the style of the house should be planned well. Portugal Real Estate websites can help you find the property that fits your description. You can also use a Real Estate agent if you are not comfortable about finding a property on your own. Nevertheless, you should check for his or her background first.

 

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