The asking price for this established ready-to-trade restaurant on Albufeira’s Strip is €240,000. The sale includes the refurbished premises, furnishings, commercial equipment and the facilities required to begin trading. It is a practical option for buyers searching for a restaurant business for sale in a prominent Algarve resort. The venue is located on Avenida Sá Carneiro in the Montechoro area of Albufeira. Its position places the business close to tourist accommodation, beaches, nightlife and a wide range of amenities. The restaurant has been operated by the same owner for more than three decades. A returning clientele of locals, tourists and families provides an established commercial foundation. The 80m² dining and bar area has undergone refurbishment, including new seating and tables. Large sliding doors and windows allow the front of the restaurant to open towards the outdoor terraces. There are 35 indoor seats and 50 outdoor seats, giving a total capacity of 85 customers. The sunny terraces are well suited to Albufeira’s outdoor dining lifestyle. A 20m² kitchen is fully equipped with professional gas cooking and preparation equipment. Included items comprise a Zanussi oven, four-ring hob, double chip fryer, gas barbecue, griddle, refrigerators and stainless-steel counters. Storage is available in two double garages beneath the restaurant. The lower level also contains a staff room with WC and shower. The bar has two customer toilets, a fire alarm system, water softener and a 1,000-litre water storage tank. Its full licence allows trading from 8am to 2am every day all year round, subject to official confirmation. Praia da Oura is approximately 1.3km away, while Balaia golf course is around 4km distant. Faro International Airport can be reached in roughly 34.5km, supporting international accessibility. The price represents an opportunity to acquire a functioning hospitality business, but buyers should review accounts, licensing and operating costs before purchase. Contact us now for further information and to book a viewing.
• 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
