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Global Properties

181m² Building in Silves, Portugal No. 241583

$ 792 268
$ 4 377 per m²
181 Living space, m²
Silves, Portugal
Parameters
Living space, m²
181
ID
241583
Type
Building
Land area, m²
201
Completion date
IV quarter, 1977
Property description
This building seems to be an excellent investment opportunity, both for those who want to continue the restaurant business and for those who are thinking of turning the space into housing. The structure seems to be quite versatile, with several independent areas, which could facilitate adaptation to different types of use. The description of the restaurant on the ground floor, with fully equipped


This building seems to be an excellent investment opportunity, both for those who want to continue the restaurant business and for those who are thinking of turning the space into housing. The structure seems to be quite versatile, with several independent areas, which could facilitate adaptation to different types of use. The description of the restaurant on the ground floor, with fully equipped kitchen, coal grill, pizza oven and terrace, indicates that the place already has a good flow of customers and is ready to operate without large investments. In addition, the terrace on the 1st floor, with capacity for 40 people, could be a great differential for private events or parties.
The second independent kitchen can also be a strong point, especially if the restaurant needs more space for food production or serve larger events. The 1st floor apartment, although it needs modernization, offers the potential to be transformed into a T3, which is a good option for those who want to add value to the property. The housing building. The fact that the property has three independent entrances gives even more flexibility to those who want to share spaces or even create separate units for different purposes. If you had to think of a sales price for this property, what would be your estimate? And, do you think the conversion to housing could add more value to the property? (ref PD-054125)

Features
Features
  • Terrace
Statistics Silves
[:nprice_100:]
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Silves
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 758
2-Room Apartment
$ 703
Apartment Purchase Price per m²
In the City Center
[:nprice_100:]
Outside the City Center
[:nprice_101:]
Crime Index
N/A
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
N/A
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
27
Health Care Index
N/A
Groceries Index
44
Pollution Index
N/A
Traffic Commute Time Index
N/A
Restaurant Price Index
49
Climate Index
N/A
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Meal, Inexpensive Restaurant
$ 14.06
Meal for 2 People, Mid-range Restaurant, Three-course
$ 70.32
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.38
Domestic Beer (0.5 liter draught)
$ 1.17
Imported Beer (0.33 liter bottle)
$ 2.34
Coke/Pepsi (0.33 liter bottle)
$ 1.76
Water (0.33 liter bottle)
$ 1.17
Cappuccino (regular)
$ 1.76
Markets
Milk (regular), (1 liter)
$ 0.96
Loaf of Fresh White Bread (500g)
$ 1.99
Eggs (regular) (12)
$ 5.86
Local Cheese (1kg)
$ 5.86
Water (1.5 liter bottle)
$ 1.41
Bottle of Wine (Mid-Range)
$ 3.52
Domestic Beer (0.5 liter bottle)
$ 1.41
Imported Beer (0.33 liter bottle)
$ 2.34
Cigarettes 20 Pack (Marlboro)
$ 5.86
Apples (1kg)
$ 1.99
Chicken Fillets (1kg)
$ 3.52
Oranges (1kg)
$ 1.64
Potato (1kg)
$ 1.41
Lettuce (1 head)
$ 1.76
Rice (white), (1kg)
$ 1.41
Tomato (1kg)
$ 2.34
Banana (1kg)
$ 1.17
Onion (1kg)
$ 2.34
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 17.58
Transportation
One-way Ticket (Local Transport)
$ 2.93
Monthly Pass (Regular Price)
$ 29.30
Gasoline (1 liter)
$ 2.34
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 23 441
Taxi Start (Normal Tariff)
$ 2.93
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 176
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 41.02
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 35.16
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 996
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 93.76
Cinema, International Release, 1 Seat
$ 8.20
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 58.60
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 35.16
1 Pair of Nike Running Shoes (Mid-Range)
$ 117
1 Pair of Men Leather Business Shoes
$ 141
Childcare
Contact seller
Contact seller

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