If you're searching for properties that offer both commercial and residential opportunities in Estoi, look no further. This unique listing presents a fully operational restaurant on the ground floor, complemented by two independent residential apartments above. Priced at €750,000, this investment is strategically positioned within minutes from the town centre, making it an exceptional choice for entrepreneurs and investors alike.
This property features a restaurant area that can accommodate 53 guests, complete with full equipment and two entrances for enhanced customer flow. The residential apartments above include a spacious two-bedroom unit and a stylish studio, both featuring large terraces—ideal for enjoying the stunning views around Estoi.
The versatility of this space allows for various business opportunities: create a lively café during the day and shift to a dining experience in the evening. Additionally, being just 15km from the beach increases footfall and overall appeal for your restaurant.
Set in the beautiful backdrop of the East Algarve, this building offers a perfect blend of business and lifestyle. Not only will you be able to generate income through the restaurant, but the accommodation options provide excellent potential for rental income or affordable housing for staff. Explore this outstanding business opportunity now, and contact us for more details!
• 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
