Your Property Specialists
Email Address Share
Restaurant Terrace Restaurant Bar Terrace Restaurant at Night Restaurant Restaurant Terrace Kitchen Kitchen Bar Storage Storage
Storage
Full Screen
Open Gallery
  1. Home
  2. Properties

What are the best commercial properties for sale near Praia Da Oura?

Restaurant in Albufeira

ref. VM1538
4.523.544NOK
  • B-
Photo Gallery Location Map Brochure Enquire Now

When searching for the best commercial properties for sale near Praia Da Oura, this successful restaurant stands out as a top contender. Located just 1.3 km from the beach, this turnkey establishment has a well-established presence in a busy part of Albufeira. With a capacity for over 85 customers and ample outdoor seating, it captures a vibrant atmosphere that both tourists and locals love. The restaurant is fully equipped with everything needed for immediate business operation, including a large kitchen and well-furnished dining areas. Its strategic position on the famous 'Strip' ensures that it remains a popular spot for diners, contributing to its success over the past three decades. Furthermore, the bar has a daily trading license from 8 a.m. to 2 a.m., maximizing profit potential. With a price tag of €395,000, it represents not just a restaurant but a viable investment opportunity. Get in touch now to explore this lucrative property and consider making it your own!

Usage
Commercial
Type
Restaurant
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
1990
Renovation Year
2019
Rooms
1
Usable area
80 m²
Fully Fitted, Fully Equipped
Basement
AC
All mains
• 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
Enquire Now   +