Investing in a profitable restaurant venture with apartments is straightforward with this remarkable property in Estoi. Priced at €750,000, you’ll acquire a fully licensed, operational restaurant that can quickly become a favourite among locals and tourists alike. The two independent apartments above provide additional revenue opportunities, giving you flexibility in business management.
The restaurant space features comfortable seating for 53 guests and comes equipped with a full kitchen and storage, designed for optimal efficiency. Potential owners can diversify the business offerings; from morning coffee and pastries to evening dining or bar service from 10 PM onwards, there are numerous avenues for generating income.
Located just 15km from the beautiful beach, the prime location guarantees a steady stream of visitors, amplifying the profitability of this venture. The two apartments above provide excellent accommodation options for staff or can be rented out for additional income, furthering your investment return.
With its unique Moorish architectural style enhancing its curb appeal, this property is more than just a business; it’s a lifestyle opportunity. Don’t hesitate—properties like this are in high demand. Reach out to schedule a viewing and start your journey towards owning a successful enterprise in the vibrant East Algarve!
• 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
