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Which commercial properties for sale in Albufeira have high tourist footfall?

Restaurant in Albufeira

ref. VM1538
297.896CHF 219.985CHF
  • B-
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One of the prime commercial properties for sale in Albufeira with high tourist footfall is a thriving restaurant listed at €240,000. Located within walking distance from the beach, this refurbished restaurant has a strong reputation among both tourists and locals. The property features outdoor terraces, which attract guests looking to dine al fresco, especially during the summer months when tourism peaks. With seating for over 85 patrons, this property is well-positioned to accommodate large groups and families, hence leveraging the high tourist activity in the area. Its prime location on the bustling Albufeira Strip ensures a steady flow of customers and maximises exposure. The restaurant has a fully equipped kitchen, allowing for seamless operation from the first day of ownership. Buyers will appreciate the established client base due to the venue's 30 years of successful trading history. The property's close proximity to local amenities and attractions, including the beach and golf courses, adds tremendous value. Opportunities like this are rare in Albufeira, making it ideal for buyers seeking profitable ventures. Make an appointment today to explore this commercial opportunity further!

Usage
Commercial
Type
Restaurant
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
1990
Renovation Year
2019
Rooms
1
Usable area
80 m²
Fully Fitted, Fully Equipped
Basement
AC
All mains
• 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
Enquire Now   +