Considering the purchase of a turnkey restaurant near the beach in Albufeira? Priced at €395,000, this well-established venue is located an easy 1.3 km from the beautiful Praia Da Oura beach, making it an exceptional investment opportunity in a high-demand tourist spot. The restaurant is fully equipped, refurbished, and ready for you to step in and begin trading right away.
Spanning a generous 80m², the restaurant features both indoor and outdoor seating, accommodating up to 85 diners in a vibrant atmosphere. The outdoor terraces are a significant draw for customers, allowing guests to enjoy their meals in the warm Algarve sun.
In addition to its prime location, the restaurant's continued success is fueled by a loyal customer base and high foot traffic from both locals and tourists. Potential buyers will appreciate the extensive facilities, which include a fully fitted kitchen with modern appliances and a bar that operates daily.
With a variety of nearby attractions and conveniences, the setting is perfect for a restaurant business that thrives on seasonal and year-round clientele. This opportunity not only promises solid returns on your investment but also a chance to be part of a lively community. Explore this restaurant for sale in Albufeira before it's snapped up! Contact us now for more details.
• 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
