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Which properties for sale include a restaurant and residential space in Algarve?

Restaurant in Estoi

ref. SB1177
750.000€
  • B-
  • 2
  • 2
  • 142m2

If you're looking for properties that combine restaurant operations with residential space in Algarve, this listing in Estoi is an exceptional choice. Priced at €750,000, this property features a completely equipped restaurant capable of seating 53 customers, alongside two independent and stylish apartments above the dining area. This setup creates an attractive option for entrepreneurs seeking a work-live balance.

Located just minutes from the town centre and the Pousada, this establishment offers great visibility and potential foot traffic year-round. The restaurant allows various dining opportunities and has been designed to accommodate features that enhance dining experiences, such as an accessible terrace.

Both above apartments provide ample living area with significant terraces that not only promote relaxation but also allow for stunning views, particularly from the studio apartment which benefits from a sea vista. The overall space of 242m² is ideal for comfortable living while effectively running a business.

Investing in this dual-purpose property not only secures you a lucrative income but also enriches your lifestyle within a beautiful setting of the Algarve. If you're serious about investing in a unique restaurant-residential property, this is your chance! Reach out to discuss the details further and schedule 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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