Investing in this refurbished restaurant business on Albufeira’s busy tourist Strip gives buyers a turnkey commercial opportunity in a high-demand resort location. The business is offered for sale at €240,000 and is ready to trade with furnishings and equipment included. Its established customer base and long operating history make it suitable for buyers seeking an existing hospitality operation rather than an empty premises. The bar and restaurant have traded under the same ownership for more than 30 years. Returning customers, families, locals and tourists support a diverse potential clientele. The property is positioned within Albufeira town, close to everyday amenities and the famous resort nightlife. Recent refurbishment included repainting, new tables and new seating throughout the restaurant. The front elevation opens with sliding doors and windows to create an inviting connection with the street. Sunny terraces provide 50 external seats, while the interior accommodates a further 35 diners. This total capacity of 85 people can support different service formats and seasonal demand. The 80m² restaurant area is complemented by a fully equipped 20m² kitchen. Commercial facilities include a Zanussi gas oven, four-ring hob, gas fryers, barbecue grill and large griddle. Refrigerators, stainless-steel counters and washing facilities are included for immediate operational use. Two double garages provide storage, with a staff room, WC and shower arranged downstairs. The venue also includes a bar, two customer toilets, a fire alarm system and air conditioning. A licence permits trading from 8am until 2am daily throughout the year, subject to verification and ongoing compliance. Praia da Oura beach is approximately 1.3km away, and Balaia golf course is about 4km from the business. The resort setting may offer potential for owner operation, business expansion or managed hospitality income, although buyers should independently verify accounts, costs and achievable returns. Contact us to explore this refurbished Albufeira investment opportunity and arrange a professional 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
