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What are the best investment opportunities for restaurants near the beach in Algarve?

Restaurant in Albufeira

ref. VM1538
4.325.491SEK
  • B-
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This successful restaurant in Albufeira presents an excellent investment opportunity for those looking to buy near the beach in the Algarve. Located just 1.2 km from Praia Da Oura, this refurbished turnkey establishment can accommodate over 85 patrons with its indoor seating and sunny outdoor terraces, making it a favourite among both locals and tourists. With a rich 30-year history under the same owner and a loyal return clientele, the restaurant assures consistent revenue potential.

The restaurant features an 80 m² dining area, fully equipped kitchen, and a license to operate daily from 8 a.m. to 2 a.m. This prime location is situated in the vibrant tourist area of Albufeira, close to all amenities and in walking distance to nightlife. With substantial rental potential and return on investment, this property is perfect for buyers seeking a thriving commercial venture.

The establishment includes modern furnishings and appliances, along with storage facilities that cater to operational needs. The outdoor terrace is a significant asset, providing a pleasing ambiance for diners while enjoying the warm Algarve weather. Investing in this restaurant not only secures a profitable business but also a lifestyle in a sought-after beach location. Don’t miss the chance to own this thriving restaurant. Contact us now to arrange a viewing!

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   +