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What is the asking price for a snack bar near the beach in the Algarve?

Restaurant in Carvoeiro

ref. PPP687
585.000€
  • C
  • 2
  • 73m2
  • 73m2

The asking price for this renowned and successful snack bar/restaurant near the beach in the Algarve is €585,000. Located just 170m from the stunning beach, this turnkey business has been a staple in the heart of Carvoeiro, attracting both locals and tourists. With its excellent positioning in a bustling area known for high foot traffic, this is a prime investment opportunity for any serious buyer looking to enter the vibrant Algarve hospitality scene.

The property spans 73 square meters and includes a fully equipped kitchen, bar area, and two restrooms. An inviting outdoor terrace allows for al-fresco dining, making it perfect for those sunny Algarve days. The interior features ample space for patrons to enjoy while watching sporting events, contributing to its popularity as a go-to gathering spot.

This business boasts a remarkable reputation, known for its excellent service and vibrant atmosphere, making it an enticing purchase for prospective investors. Additionally, the restaurant is licensed to operate from early morning until 4am, maximizing revenue opportunities throughout the day and night. With such flexibility, buyers can easily cater to a diverse clientele.

Surrounded by captivating shops and only 50m from the nearest retail amenities, residents and visitors alike enjoy unparalleled convenience. The nearby golf course and local attractions add to the appeal, attracting tourists year-round.

Don't miss your chance to own this well-established restaurant in the Algarve. Contact us now to schedule a viewing!

Usage
Commercial
Type
Restaurant
Town
Carvoeiro
Parish
Lagoa e Carvoeiro
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
73 m²
Usable area
73 m²
Plot Area
73 m²
Tarmac
Parking outdoors
Terraces
Fully Fitted, Fully Equipped
Storage
2 WC
Internet/Phone, Cable/Satellite TV
Mains electric, Mains drainage, Mains water
Double glazing
Courtyard
Town View
• Turnkey Business in operation
• 73m² Area
• Excellent Location
• Outdoor Terrace
• Fully Equipped Kitchen
• Distance from Beach 170m

A fully functional and operating snack/bar/restaurant with an outside terrace to enjoy al-fresco dining and drinking whilst watching the world of Carvoeiro going by! Inside there is ample space with the opportunity to enjoy all sporting events.

This commercial venture of 73m² is sold fully furnished and equipped - there are 2 toilets, a bar area with comfortable seating, a fully equipped kitchen, and a lovely outdoor terrace. This snack bar is in excellent condition, and fully prepared for immediate trade. Equipped with air-conditioning, high-quality acoustics, and noise insulation.

The current business is prepared to operate 7 days a week and throughout the year and has a license to open all day until 4am.

It is very popular with residents and tourists alike.
A perfect business opportunity with a great history and reputation going back to the early 1990´s.

Amenities

• AC
• High Quality Acoustic and Sound Insulation
• 2 WC
• Bar Area

Location

• Carvoeiro : N/A
• Beach : 170m
• Shops : 50m
• Golf : 2.5km
• Airport : 62km

Other Info

* The features / equipment mentioned in this description are subject to verification and agreement between sellers and buyers.
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