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Restaurant Business Increases As Spanish Property Prices Stabilize

The effect of the recession has seen many restaurants close their doors forever. Some, however are flourishing. Property prices in Spain are stabilizing and confidence is slowly returning . This restaurant and villa represent a good opportunity.

FOR IMMEDIATE RELEASE

 
Dining Room
Dining Room
PRLog (Press Release) - Dec 16, 2009 -
Property  prices in Spain have fallen to rock bottom and businesses close on a daily basis. Against this backdrop, a restaurateur in Almeria is prepared to drop the price of his thriving business and home by a further $95,000 from the already reduced asking price.

Family circumstances are forcing the sale of this family run business. It could not come at a worse time for the family after building up a successful and ongoing restaurant over several years. They have moulded a lifestyle from their business which enjoys a healthy turnover while only being operated on a part time basis.

The rural restaurant primarily serves the British ex-patriot community from a large catchment area between, Huercal Overa,  Mojacar and  Albox in the Andalusian province of Almeria, south east Spain. The restaurant has plenty of scope to develop its earning potential further.

The villa is built to a high standard and includes a pool and garden separate from the business and car parking areas. The  property is part of a popular village community and has panoramic views in complete tranquility.

Currently the property market in Spain presents wonderful opportunities for the private investor. This restaurant and villa provide a home, a lifestyle, income and opportunity for such an investor. The opportunity is enhanced as this popular area is attracting more visitors, both tourists and ex-patriots wishing to settle in Spain, year on year after the recent improvements to local international airports.

While the recession is not yet over Spanish property prices are starting to stabilize and property is being sold when the price is right. The price is right for this business and someone will pick up a bargain if they act quickly.

http://www.fincafantastica.biz/property-almeria-business-...

Photo:
http://www.prlog.org/10454819/1

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Edward Kirwan, is an Investment Portfolio Consultant working with the Worldwide Property Group. We provide prospective clients with accurate advice on investment property to assist in building a portfolio that provides financial security.

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Contact Email:
***@invest-in-overseas-property.info Email Verified
Source:Edward Kirwan
Phone:0034 654 025 358
City/Town:mojacar
State/Province:Almeria
Country:Spain
Industry:Restaurants, Real Estate, Property
Tags:
Last Updated:Dec 16, 2009
Shortcut:http://prlog.org/10454819
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