Buyers seeking a refurbished, ready-to-trade bar or restaurant in the Algarve can consider this turnkey business in Albufeira. The venue has been recently refurbished with new tables and seating, and all furnishings and equipment are included in the €240,000 asking price. Located beside Albufeira’s well-known entertainment district, it is prepared for immediate hospitality operations. Built in 1990, the premises were renovated in 2019. The restaurant occupies approximately 80 m² and benefits from sunny external terraces. Seating is arranged for 35 customers indoors and 50 outdoors. The business has welcomed locals and tourists for over three decades. Its established reputation and repeat clientele offer a useful foundation for a new operator. The full front opens through sliding doors and windows, creating an open and inviting trading environment. The bar and restaurant are supported by a commercial kitchen of approximately 20 m². Kitchen equipment includes a Zanussi gas oven, four-ring hob, two 10-litre gas chip fryers and a gas barbecue grill. A substantial gas griddle, refrigerators and stainless-steel preparation counters are also installed. The premises have a double sink, drainage area and separate staff hand sink. Two double garages provide storage, with one area incorporating a staff room, WC and shower. A 1,000-litre water tank and water softener are included within the infrastructure. The beer cooler and bar refrigerator motor are positioned in the lower storage area to help reduce heat upstairs. The business holds a licence to operate from 8 am until 2 am every day of the year. Praia da Oura is approximately 1.3 km away, with other amenities accessible on foot. Faro International Airport can be reached in around 30 minutes by car, supporting international visitor access. Contact us to inspect this refurbished Algarve hospitality business and discuss its trading potential.
• 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
