Investing in this licensed restaurant on Albufeira’s busy Strip gives buyers a ready-to-trade business priced at €240,000. The venue occupies a prime position in Montechoro, around 1.3 km from Praia da Oura and within walking distance of local amenities. Its licence permits trading from 8am until 2am daily throughout the year, supporting breakfast, lunch, dinner and late-evening service. The restaurant has been successfully trading with the same owner for more than 30 years. Returning customers, local families and tourists provide a potentially valuable base for continued business. Seating for 85 people creates capacity for strong service volumes during peak periods. Inside, 35 guests can dine in the refurbished restaurant area. The sunny terraces accommodate 50 customers in an attractive outdoor setting. The front of the venue opens through sliding doors and windows, increasing flexibility between indoor and outdoor service. The approximately 80 m² restaurant area includes a bar and two customer WCs. A separate 20 m² kitchen is fully fitted for professional use. Included equipment comprises a Zanussi gas oven, four-ring hob, double chip fryer, gas barbecue and large griddle. Refrigeration and stainless-steel preparation surfaces help reduce the need for additional capital expenditure. Two double garage storage areas provide room for supplies and operational storage. A staff room with WC and shower is also available in the lower storage area. The water storage tank, water softener and beer cooler add practical support to day-to-day trading. Recent refurbishment, new seating and painted interiors create a more modern customer environment. Albufeira’s tourist appeal may offer opportunities for seasonal revenue, repeat visits and potential rental income if the business is operated or leased professionally. Balaia golf course is approximately 4 km away, and Faro International Airport is 34.5 km from the premises. Buyers should assess accounts, operating costs, licensing conditions and projected ROI as part of their due diligence. Contact us to discuss this Algarve investment and 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
