Buying this licensed hospitality business beside Albufeira’s entertainment district could suit investors seeking an established restaurant with ongoing trading potential. Available for €240,000, the business occupies a prime position on the famous Strip in Montechoro. Its licence permits trading from 8 am until 2 am daily throughout the year, offering broad operating flexibility. The restaurant has been successfully run by the same owner for more than 30 years. Local customers, tourists and returning families have helped create an established customer base. The recently refurbished premises provide a more modern setting for continued operation or a refreshed hospitality concept. Approximately 80 m² of restaurant space is complemented by sunny outdoor terraces. The total seating capacity is 85, with 35 seats inside and 50 outside. This configuration can support different service styles and helps make use of Albufeira’s outdoor lifestyle. The front opens fully with sliding doors and windows, improving visibility and the connection between bar, restaurant and terrace. A fully equipped 20 m² kitchen is ready for professional food preparation. Its equipment includes a Zanussi gas oven, four-ring hob, double chip fryer, gas barbecue grill and large gas griddle. Refrigeration, stainless-steel counters, double sinks and drainage facilities are included. Two toilets with separate wash basins serve customers within the main restaurant area. The business also includes two double garages for stock and operational storage. A staff room with WC and shower is located within the lower storage facilities. A fire alarm, 1,000-litre water tank, water softener and beer cooling system add practical operational value. Praia da Oura is approximately 1.3 km away and local amenities can be reached on foot. Balaia golf course is around 4 km away, while Faro International Airport is approximately 34.5 km distant. Although future returns depend on management, costs and trading performance, the location and established operation may support strong rental or business-income potential. Contact us today to assess this licensed Albufeira investment opportunity and arrange a viewing.
• Restaurant Area 80m²
• Sunny Outdoor Terraces
• Year of Construction 1990, Recently Refurbished
• In High Tourist Area
• Seating for 85 people
• Fully equipped ready to trade
• 1.3 km to the nearest beach of Praia Da Oura
This highly successful bar has been trading with the same owner for over 30 years with return clientele and families.
It is situated in the prime location of the famous 'Strip' of Albufeira just 1.2 km to the beach and within the town, close to all amenities.
The whole restaurant has been refurbished and painted with new seating and tables throughout. The whole front opens up with sliding doors and windows.
The bar has a licence to trade 8 a.m. until 2 a.m. daily all year round.
All furnishings and equipment are included in the price.
The business consists of:
• 80m² restaurant
• Sunny outdoor terrace
• Seating inside for 35 and outside for 50
• 20m² kitchen fully equipped with Zannusi gas oven and 4 ring hob, double chip fryer - gas 2 x 10 litres, gas BBQ grill, huge gas griddle, one upright fridge and one long fridge, stainless steel counters, double sink and drainage area + staff hand sink.
• Spiral staircase down to 2 x double garage storage including staff room with WC and shower.
• 1000 litre water storage tank and water softener + the beer cooler is here as well as the 'motor' for the long bar fridge so less heat generated upstairs.
• Main restaurant with bar area and 2 WC with own wash basins.
• Fire alarm system.
• Fully licensed from 8am to 2am
Location
• 1.3 km to the nearest beach of Praia Da Oura
• Walking distance to all amenities and beach
• 4 km to the nearest golf course at Balaia
• 34.5 km to Faro international airport
• 3.2 km to the nearest school
