For potential buyers interested in commercial properties near Praia Da Oura, look no further than this successful restaurant opportunity in the heart of Albufeira. Available for €240,000, this refurbishment-ready restaurant is ideally situated less than 1.3 km from the stunning beach and in close proximity to the bustling nightlife. This prime location invites both tourists and locals in, making it a perfect investment for anyone looking to thrive in this vibrant area.
Covering 80m², the restaurant is equipped for immediate trading and can serve up to 85 customers, including a beautiful outdoor terrace that allows guests to enjoy the Algarve's sunny climate while dining. The venue has been professionally refurbished, featuring modern décor and high-grade kitchen facilities that align with contemporary dining expectations.
The key selling point is its established customer base, which has been cultivated over three decades, offering a peace of mind for buyers regarding revenue stability. With licensing to operate until 2 a.m., this location provides ample opportunity for night-time business. Positioned amidst local amenities and the scenic Algarve coastline, this restaurant capitalises on its surroundings beautifully.
An investment in this commercial property could yield substantial returns, not just from dine-in services but potentially through events and private bookings that maximise the outdoor seating space. Don't miss the chance to own a piece of Albufeira’s bustling restaurant scene—reach out today for a viewing!
• Restaurant Area 80m²
• Sunny Outdoor Terraces
• Year of Construction 1990, Recently Refurbished
• In High Tourist Area
• Seating for 85 people
• Fully equipped ready to trade
• 1.3 km to the nearest beach of Praia Da Oura
This highly successful bar has been trading with the same owner for over 30 years with return clientele and families.
It is situated in the prime location of the famous 'Strip' of Albufeira just 1.2 km to the beach and within the town, close to all amenities.
The whole restaurant has been refurbished and painted with new seating and tables throughout. The whole front opens up with sliding doors and windows.
The bar has a licence to trade 8 a.m. until 2 a.m. daily all year round.
All furnishings and equipment are included in the price.
The business consists of:
• 80m² restaurant
• Sunny outdoor terrace
• Seating inside for 35 and outside for 50
• 20m² kitchen fully equipped with Zannusi gas oven and 4 ring hob, double chip fryer - gas 2 x 10 litres, gas BBQ grill, huge gas griddle, one upright fridge and one long fridge, stainless steel counters, double sink and drainage area + staff hand sink.
• Spiral staircase down to 2 x double garage storage including staff room with WC and shower.
• 1000 litre water storage tank and water softener + the beer cooler is here as well as the 'motor' for the long bar fridge so less heat generated upstairs.
• Main restaurant with bar area and 2 WC with own wash basins.
• Fire alarm system.
• Fully licensed from 8am to 2am
Location
• 1.3 km to the nearest beach of Praia Da Oura
• Walking distance to all amenities and beach
• 4 km to the nearest golf course at Balaia
• 34.5 km to Faro international airport
• 3.2 km to the nearest school
