For those interested in the best locations to buy a restaurant near Praia Da Oura, this prime property in Albufeira stands out. Positioned just 1.3 km from the beach, this refurbished restaurant not only offers a lucrative business opportunity but also benefits from a location that sees steady tourist traffic year-round. It is nestled in the famous 'Strip' area, renowned for its vibrant atmosphere and accessibility to various amenities, making it a hotspot for both locals and visitors. The restaurant can seat over 85 customers, making it perfect for hosting busy nights and catering to a high volume of tourists. The establishment features a delightful outdoor terrace where diners can relax and enjoy the sunny Algarve climate. This location has been profitable for the same owner for over 30 years, which underscores its strong market position and community presence. With the restaurant's fully equipped kitchen, you can begin operations immediately and take advantage of the growing tourist influx. Moreover, its license allows it to operate from morning until late at night, maximising earning potential. Investing in this restaurant not only offers immediate business continuity but also a chance to thrive in a popular tourist destination. Don’t miss this opportunity; contact us to learn more about this exceptional investment!
• 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
