Investing in a restaurant on Albufeira's famous tourist strip presents a unique opportunity for long-term profits. This fully refurbished establishment is listed at €395,000, and it is designed for success with features such as outdoor seating that enhances guest experience. With a capacity of over 85 guests, this restaurant attracts significant tourist traffic due to its prime location, situated just 1.3 km from Praia Da Oura.
The restaurant has been operational for over 30 years, showcasing its resilience and popularity among visitors and locals alike. Everything is included in the sale, from the modern furniture to state-of-the-art kitchen equipment, making it a turnkey investment. The high footfall area means consistent business, especially during peak tourist seasons.
Thanks to its strategic position on the bustling Strip, the restaurant benefits from nearby amenities that heighten its appeal, allowing easy access for patrons. Operating daily from 8 a.m. to 2 a.m. under a comprehensive bar licence adds flexibility for maximising operational hours.
The well-designed outdoor terrace makes it a favourable choice for diners seeking open-air dining, providing a relaxing atmosphere that is difficult to resist. Given the strong demand for dining options in Albufeira, this investment promises an excellent return.
Entrepreneurs looking for viable business prospects in a vibrant environment will find this restaurant a compelling choice. Don’t hesitate to reach out for more details and to arrange a private 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
