If you're looking to buy a restaurant and cottage in Monchique, Algarve, this is a fantastic opportunity! The property combines a functioning restaurant with a quaint cottage, ideal for creating a home or guest accommodation. Nestled in an elevated position only 8km from the vibrant town of Monchique, this property boasts 3,640m² of land, perfect for expanding culinary offerings. The restaurant, which has been operational for 27 years, includes a kitchen and a charming dining area seating at least 20 guests. With fertile land surrounding the establishment, there’s great potential for growing produce, including productive olive trees yielding about 1000kg of olives annually. The adjoining cottage, requiring a bit of refurbishment, is perfect for personal residence or rental opportunities with water and electricity already in place. Enjoy beautiful views of the surrounding hills and countryside while being just 35km from beautiful south coast beaches. This unique property is perfect for anyone looking to invest in a turnkey business with additional space for personal creativity. Don’t miss out on this rare gem! Contact us today to schedule a viewing and explore your investment options.
• 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