The budget required to acquire this fitted restaurant close to Praia da Oura is €240,000. That price includes the established business, furnishings and commercial equipment, creating a ready-to-trade opportunity in Albufeira. The restaurant is situated on the famous Strip in Montechoro, roughly 1.3 km from Praia da Oura beach. Buyers looking for a fitted Algarve restaurant can therefore avoid the major initial cost of equipping an empty premises. The business has been successfully operated by the same owner for more than 30 years. It attracts both tourists and local residents, with a particularly strong base of returning families and customers. Inside, the 80m² restaurant seats 35 people. The sunny outdoor terraces provide space for another 50 guests, giving a total capacity of 85. Recent refurbishment includes new tables, seating and refreshed paintwork throughout the premises. Sliding doors and windows across the front allow an open, bright atmosphere during suitable weather. The 20m² kitchen is fully equipped for restaurant service. It contains a Zanussi gas oven, four-ring hob, double chip fryer, gas barbecue and large gas griddle. Upright and long refrigeration units, stainless-steel counters, a double sink and staff hand basin are also included. Two double garages offer useful storage below the restaurant, together with a staff room, WC and shower. A beer cooler, water softener and 1,000-litre water storage tank add to the operational facilities. The venue has a fire alarm system, air conditioning and all mains services. Its licence allows trading from 8am to 2am every day across the year. Guests and staff can reach local amenities on foot, while Balaia golf course is approximately 4 km away. Faro International Airport is about 34.5 km from the business, making access convenient for overseas owners and visitors. The combination of location, existing clientele, terrace seating and included equipment may support rental, resale or owner-operated business potential, subject to financial and legal due diligence. Contact us now to review the opportunity and schedule a viewing near Praia da Oura.
• 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
