This refurbished restaurant for sale in the Algarve is ready to trade and is offered at €240,000. It is positioned in a prime Albufeira resort location on the famous Strip, close to amenities and about 1.3 km from Praia da Oura beach. The business is sold fully equipped, allowing a buyer to begin planning operations without fitting out a vacant unit. Renovation work completed in 2019 included new paint, tables and seating. The restaurant provides approximately 80 m² of dining and bar space. Outdoor terraces add a sunny area for 50 additional customers. Indoor seating accommodates another 35 guests, creating total capacity for 85 people. The openable frontage uses sliding doors and windows to improve airflow and visibility. A dedicated 20 m² kitchen is supplied with commercial cooking and preparation equipment. Its inventory includes a Zanussi gas oven, four-ring hob, double chip fryer and gas barbecue grill. The large gas griddle provides further cooking capacity for varied menus. Upright and long refrigerators, stainless-steel counters and double sinks are also included. Basement storage consists of two double garages, a staff room and staff WC with shower. The premises have a 1,000-litre water storage tank, water softener and beer cooler. The main restaurant includes a bar and two customer WCs with individual wash basins. A fire alarm system is already installed. The full licence allows trading from 8am until 2am, every day throughout the year. The venue has been operated by the same owner for over three decades and benefits from returning clientele. A combination of residents, families and tourists may provide a broad customer base for a new operator. The location supports both daytime and evening trade, with the beach, shops and local services nearby. Golf at Balaia is approximately 4 km away, while Faro International Airport can be reached in about 30 minutes by car. This turnkey Algarve restaurant may appeal to buyers seeking an established business with future rental or owner-operation potential. Contact us today to arrange a viewing and review the purchase opportunity.
• 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
