This fully equipped turnkey restaurant with accommodation in Estoi is currently available for a price of €750,000. Located just minutes from the renovated Pousada in the town centre, this property offers a restaurant capacity of 53 seats, fully licensed, with two spacious and independent apartments located above. The high-quality renovation includes appealing features such as large terraces, ensuring that potential buyers have comfortable living quarters alongside a viable business opportunity.
The restaurant is ready for immediate operation and designed in a unique Moorish style which could cater to a variety of dining experiences, from a breakfast café to a dinner restaurant and bar. Additionally, the close proximity to the beach, which is just 15km away, adds to the appeal for potential customers and residents alike.
For those looking to invest, the two separate apartments above the restaurant can not only serve as accommodation for staff but also as a lucrative rental opportunity, enhancing overall return on investment (ROI). The vibrant locality of Estoi further enhances the property's attractiveness, given its rich cultural and culinary history.
If you are seeking a lucrative business venture combined with comfortable living space, this restaurant in Estoi is worth considering. Please contact us today to explore this exceptional investment opportunity!
• Not in Operation
• Usable area 242m²
• Fully equipped and licensed
• 2 apartments above
• Town centre
• Distance to Beach: 15km
An attractive building including a commercial business on the ground floor plus 2 apartments above. It is located in a very interesting region, very close to the newly renovated Pousada (hotel) in Estoi in the East Algarve.
The ground floor offers a completely equipped and licensed restaurant, above there are 2 apartments - both are ideal for the restaurant owner/staff or to be rented out.
The restaurant offers 53 seats, is fully equipped with two entrances, separate toilets, storage facilities, kitchen and terrace. Built in a Moorish style with an equipped bar, this business could offer lots of interesting possibilities such as
• a breakfast coffee shop
• a lunch restaurant
• a coffee/afternoon tea/cake shop
• a Happy Hour bar from 5pm onwards
• a dining restaurant
• a bar from 10pm onwards
• a take-away restaurant/cafe
There is a two bedroom apartment with huge terrace of approx. 80m² and a studio apartment with a mezzanine, big terrace and sea views.
Check the Pousada´s prices and you see your chances right away, it will tick all the boxes!
Amenities
• Air conditioning
• Double glazing
• Roof terrace
• Storage facilities
• Off road/local parking
• Built-in wardrobes
