The price of this well-established restaurant for sale near Monchique is €310,000, a fantastic investment considering its location and operational status. Located only 8km from the town center, this restaurant has built a solid reputation over 27 years and offers a seamless transition for new owners. Covering 113m² for the restaurant and an additional 93m² living area, the property is spacious enough to accommodate patrons and staff comfortably, while the extensive 3,640m² plot provides opportunities for expanding the business or personal projects. The adjoining cottage, albeit in need of some refurbishment, can be converted into a cozy home or guest accommodation, providing additional income potential. This investment represents a unique opportunity to enter the thriving Algarve market, where the combination of good food, scenic views, and tourist attractions can yield significant returns. Reach out to us now for a viewing and to discuss this remarkable opportunity further.
• Restaurant in Operation
• Living area house 93m² and restaurant 113m²
• Construction 206m²
• Plot size 3.640m²
• Year of construction 1993
• 2 bedrooms 1 bathroom in house, 2 WC in restaurant
• Wood burner in restaurant
• Views to the hills and countryside
• 35km to south coast beaches
This traditional restaurant has been running successfully for 27 years but is ready for new owners. There is plenty of fertile land with well water so that produce could be easily grown and there are olive trees producing about 1000kg per annum, some of which are used for the table and some for oil.
The adjoining house needs refurbishment but has water and electricity along with a loft space reached by a staircase.
• One room restaurant with seating capacity of at least 20 pax
• Small bar and old style kitchen
Amenities
• Mains water and electricity
• Septic tank
• Well water for irrigation
• Good internet
• Wood burner in restaurant
Location
8km to Monchique with all amenities
35km to south coast beaches
89km to Faro airport
