The cost of the restaurant with two studio apartments in the Algarve is currently set at €1,592,250. This modern, turnkey property at the entrance of Sagres offers an enticing opportunity for buyers seeking both a commercial and residential investment. The establishment accommodates up to 40 diners and includes all essential amenities, such as a fully equipped kitchen and modern bathrooms, alongside two studio flats. The strategic location means guests have easy access to local beaches and attractions, fostering a thriving seasonal business. Additionally, this property is fully operational and benefits from an outdoor terrace, enhancing its appeal. With the ongoing tourist influx during summer months, the rental potential for the studios as guest accommodation could offer great returns. In this area famous for its surfing community, there is always a need for viable dining options. If you’re ready to take that step into your own business venture, this restaurant could be your key to success. Explore this property today before it’s gone!
• Living area 213.5m²
• Plot 600m²
• Year of construction 2022
• Restaurant for 40 pax and excellent location
• Terrace at the front
• 2 x T0 studio apartments – ideal for staff
• Fully equipped modern kitchen
• Distance from beach 800m
This successful restaurant has a fully equipped modern, professional kitchen with a pizza oven. There are two studios for staff, solar panels on the roof terrace, and the option of expanding. Price is negotiable and figures can be provided.
Restaurant:
• Seating for 40 pax
• 2 x WC (wheelchair friendly)
• Bar with Italian coffee machine
• Large commercial kitchen with storage, WC and shower
• Front, outdoor terrace for clients
2 x studio Apartments
• Modern kitchenette
• Modern bathroom with shower
• Option to expand the roof area for extra living space
External:
• Electric gates
• Option for parking 4 cars or expansion of terrace
• Client terrace/esplanade
Amenities
• Air conditioning in all rooms
• Solar panels on the roof
• Mains, water, electric & drainage
• Ladies & Gents WC
• Laundry & Storage/Pantry
• Staff WC & Shower in commercial kitchen
Location
• 8.7km to nearest golf course
• 1.3km to the nearest school
• 800m to the beaches of Mareta/Martinhal/Tonel
• 116km to Faro airport
