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Palácio de Estoi
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Which amenities come with the restaurant and apartments in Estoi, Algarve?

Restaurant in Estoi

ref. SB1177
866.648$
  • B-
  • 2
  • 2
  • 142m2

This remarkable property in Estoi, Algarve, comes with an array of amenities that elevate its value and appeal. Priced at €750,000, the restaurant itself is fully equipped and licensed, boasting 53 seats and spacious storage facilities. Beyond the restaurant, the two independent apartments above are features designed for both comfort and convenience.

The apartments are well-renovated, each featuring large terraces perfect for enjoying the beautiful Algarve weather, with some offering stunning views of the sea. Additional amenities include air conditioning for both units, double glazing for energy efficiency, and off-road parking for guests and residents alike. Each apartment comes with modern built-in wardrobes, enhancing storage solutions.

The restaurant's kitchen includes open-plan designs with modern appliances, ideal for cooking various cuisines, encompassing electric hob/oven, dishwasher, and fridge/freezer, allowing for efficient meal preparation. Its location near the bustling Pousada ensures consistent foot traffic and visibility, making it an attractive dining destination.

With the potential for diverse business operations—from a coffee shop to a full dinner service—this property has immense versatility. The exciting local attractions and proximity to the beach, just 15 km away, add further allure for potential clientele. This is an excellent chance to invest in a thriving business—contact us now for more insights and to arrange a viewing!

Usage
Commercial
Type
Restaurant
Town
Estoi
Parish
Conceição e Estoi
Municipality
Faro, Faro
Region
Algarve (East)
Construction Year
2005
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
3
Furnished
Fully
Surface area
242 m²
Plot Area
142 m²
Parking outdoors
Own Entrance, Open Plan, Electric Hob/Oven, Dishwasher, Fridge/Freezer
Laundry, Utility Room
Bedroom 1
First Floor, 2 Bedrooms, Fitted Wardrobe
Bedroom 2
Second Floor, Studio Apartment, Fitted Wardrobe
Guest Toilet, Family Bathroom
Mains water, Mains electric, Mains drainage, Gas Bottle
Wooden Shutters, Double glazing
Town View
• 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

Location

• Distance to Beach: 15km

Other Info

Restaurant currently not operational.
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