Among the top business properties available for purchase near Estoi in East Algarve is this remarkable restaurant and apartment complex priced at €750,000. This investment includes a fully equipped restaurant that caters to 53 guests and two independent apartments above, making it ideal for business owners looking for dual income streams in a vibrant location.
The restaurant's impressive facilities include a modern kitchen, adequate storage space, and versatile operational capabilities. You can offer breakfast, lunch, or an afternoon bar service, significantly appealing to both locals and tourists. Its unique Moorish architectural style adds charm that attracts customers in the area.
Located approximately 15km from the picturesque beach, the restaurant benefits from high foot traffic and tourist visits throughout the year. The residential apartments above not only provide convenient living for staff but also present an opportunity for rental income, enhancing your investment's profitability.
With the surroundings becoming increasingly popular for tourism, your venture stands to thrive amid growing demand. Don't miss the chance to acquire this prime property. Contact us today for further information and to arrange a viewing of this promising business investment opportunity!
• 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
