If you’re looking to buy a restaurant with accommodation in Estoi, Algarve, this remarkable property for sale at €750,000 is the perfect choice. Featuring a licensed restaurant that seats 53 guests, you can hit the ground running with your culinary venture. Above the restaurant, there are two beautifully renovated apartments that provide comfortable living space, great for staff or as rental options. Located within walking distance of the vibrant town centre and just 15km from the beach, this property offers both accessibility and charm. The restaurant is fully equipped, including a professional kitchen and storage, designed for efficiency in a bustling hospitality environment. With the local Pousada nearby, you can expect a healthy influx of visitors looking for dining experiences and pleasant accommodations. The apartments come with generous terraces ideal for soaking up the sun or offering stunning views, further enhancing their rental appeal. This unique investment opportunity gives you the chance to be part of a thriving community while reaping the benefits of both business and residential spaces. Don’t miss out on this opportunity to invest in Estoi's vibrant market. Get in touch today to arrange your viewing!
• 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