This vibrant restaurant in Albufeira features outdoor terraces with ample seating for over 85 guests, making it the perfect venue for both dining and social gatherings. Priced at €240,000, this turnkey restaurant is ideally situated in a busy tourist area, just 1.3 km from Praia Da Oura beach. It combines a welcoming atmosphere with a well-established reputation amongst locals and returning visitors.
The restaurant spans an area of 80m², designed to cater to a high volume of customers with ease. The outdoor seating area is ideal for sunny days, creating a delightful dining experience that is a big draw for tourists in the region. Inside, the ambience is equally inviting, with fresh renovations and modern amenities to ensure functional operations running smoothly from day one.
The fully equipped kitchen is another highlight, containing all necessary appliances to support a bustling restaurant atmosphere. Operating under a license that allows for daily trading from 8 a.m. to 2 a.m., the potential for revenue is maximised throughout the day and night.
With a solid history of over 30 years under the same management, the restaurant has benefited from a loyal client base, contributing significantly to its continued success. Its prime location means it is close to various local amenities, including golf courses and schools, which attracts a diverse clientele.
This property offers not just a restaurant but a lifestyle investment in one of the most sought-after regions of the Algarve. Whether you’re considering a new venture or expanding your current portfolio, this is an exceptional opportunity that should not be missed. Act now and contact us to schedule a viewing!
• 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
