The cost of this refurbished restaurant in Albufeira is €240,000, making it an attractive investment for those looking to enter the thriving hospitality industry. Situated just 1.3 km from the famous Praia Da Oura, this turnkey establishment features a restaurant area of 80m² and an outdoor terrace seating capacity of 50, perfect for capitalising on the area's tourist traffic. With a proven track record, having been successfully run for over 30 years, this restaurant attracts locals and tourists, ensuring a steady flow of returning clients.
The venue has been modernised, with a new interior design that enhances both functionality and ambiance. Fully equipped and ready for immediate trade, the kitchen contains high-quality appliances including a gas oven, fryers, and ample refrigeration to support a busy service. This prime location along the bustling ’Strip’ of Albufeira ensures high visibility and foot traffic, essential for a successful restaurant business.
The property benefits from being located in a high tourist area, with easy access to local amenities and just a short drive from the nearest golf course. Aside from the vibrant outdoor seating, the interiors comfortably host up to 35 patrons, making it an ideal setting for casual dining or social gatherings. With daily trading hours licensed till 2 a.m., there's potential for late-night clientele as well.
Investing in this established bar presents an excellent opportunity for those aiming to thrive in the Albufeira culinary scene. The combination of location, existing clientele, and quality facilities makes this listing a rare find on the market today. Contact us now to schedule a viewing and explore this opportunity further!
• 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
