The restaurant business opportunity in Estoi, East Algarve, is highly attractive due to its comprehensive features and strategic location. This fully operational restaurant is equipped with everything necessary to run a successful business, including a seating capacity of 53 and a complete kitchen setup. Listed at €750,000, it is a prime investment for those looking to enter the lucrative hospitality market.
In addition to the restaurant on the ground floor, this property offers two independent apartments above, fully renovated and ready for use. These apartments, featuring large terraces, can serve as accommodation for the restaurant owner or be rented out, providing additional income streams.
The building, designed in an appealing Moorish style, is located a few minutes away from the central Pousada, enhancing its visibility and attractiveness to both locals and tourists. The restaurant’s high-quality design includes air conditioning, double glazing, and off-road parking, making it accessible and comfortable.
Furthermore, this property’s versatility allows it to function as a breakfast spot, lunch venue, tea shop, or a dinner restaurant with a bar. The local market is thriving, making this an opportune time to invest in a hospitality venture here. Capitalize on the potential for high returns by obtaining a business that benefits from tourism and local clientele alike. Inquire with us today to explore this enticing opportunity and arrange a viewing!
• 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
