This fully equipped restaurant for sale is located in Estoi, East Algarve, presenting an excellent opportunity for entrepreneurs looking to make their mark. Priced at €750,000, this turnkey establishment features all necessary equipment and is ready for immediate operation. With 53 seats available and separate facilities, this venue is perfect for casual dining or special occasions.
The restaurant's generous usable area of 242m² provides ample space for various dining settings, including an inviting terrace for outdoor dining. Positioned just minutes from the Pousada in the centre of Estoi, it benefits from high foot traffic and local patronage, ideal for attracting both residents and visitors.
This property has been thoughtfully designed to cater to diverse cuisines and dining styles, making it a versatile investment for anyone in the hospitality industry. With additional income potential from the two independent apartments above, which could be rented out to staff or guests, the investment prospects are favourable.
Located only 15 km from the beach, this restaurant can leverage seasonal tourism, adding considerable value. The surrounding area is rich with history and charm, which complements the dining experience. Interested buyers should act fast to capitalize on this rare opportunity—contact us today to learn more!
• 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
