Investing in a fully equipped restaurant with accommodation in East Algarve has never been more accessible. This exceptional property in Estoi, priced at €750,000, includes a restaurant that can accommodate 53 guests and also features two independently accessible, renovated apartments situated above. This versatile space allows for a range of culinary options, such as a café, lunch venue, or a bar, making it a unique opportunity for restaurateurs.
The building boasts a size of 242m², which includes storage facilities, kitchen, and separate toilets. The well-thought-out design offers two entrances, ensuring customer flow while maintaining privacy for the apartments above. The expansive terraces provide a picturesque view, making it an ideal spot for customers to enjoy their meals outdoors.
Furthermore, being located near the Pousada hotel and only 15km from the beach ensures a steady influx of tourists and locals, which increases the potential for substantial rental revenue from the apartments as well as the restaurant itself. The strong local culture and cuisine can create niche restaurant themes that attract repeat customers.
For serious buyers aiming to establish a business with accessible living arrangements in a beautiful location, this opportunity is unparalleled. Don't miss out—get in touch with us today to learn more about your investment possibilities!
• Not in Operation
• Usable area 242m²
• Fully equipped and licensed
• 2 apartments above
• Town centre
• Distance to Beach: 15km
An attractive building including a commercial business on the ground floor plus 2 apartments above. It is located in a very interesting region, very close to the newly renovated Pousada (hotel) in Estoi in the East Algarve.
The ground floor offers a completely equipped and licensed restaurant, above there are 2 apartments - both are ideal for the restaurant owner/staff or to be rented out.
The restaurant offers 53 seats, is fully equipped with two entrances, separate toilets, storage facilities, kitchen and terrace. Built in a Moorish style with an equipped bar, this business could offer lots of interesting possibilities such as
• a breakfast coffee shop
• a lunch restaurant
• a coffee/afternoon tea/cake shop
• a Happy Hour bar from 5pm onwards
• a dining restaurant
• a bar from 10pm onwards
• a take-away restaurant/cafe
There is a two bedroom apartment with huge terrace of approx. 80m² and a studio apartment with a mezzanine, big terrace and sea views.
Check the Pousada´s prices and you see your chances right away, it will tick all the boxes!
Amenities
• Air conditioning
• Double glazing
• Roof terrace
• Storage facilities
• Off road/local parking
• Built-in wardrobes
