Buying a turnkey business in the Algarve, particularly this well-established restaurant and cottage, offers numerous advantages. This property combines the excitement of a running restaurant with the charm of a rustic cottage, both situated in a desirable location near Monchique. With operational groundwork already laid, entering the restaurant business becomes less daunting for new owners. The restaurant has a spacious seating area and a quaint bar, all while being surrounded by beautiful countryside views. For buyers looking for additional income streams, the adjoining cottage can be refurbished and transformed into guest accommodation, capitalising on the region's vibrant tourism scene. With 3,640m² of land at your disposal, the potential for growing local produce and featuring it on the menu is a unique selling point. Such a property not only represents a wise financial investment but also allows for a lifestyle enriched by the beauty of the Algarve. Begin your journey into this thriving industry today! Reach out to schedule a viewing.
• Restaurant in Operation
• Living area house 93m² and restaurant 113m²
• Construction 206m²
• Plot size 3.640m²
• Year of construction 1993
• 2 bedrooms 1 bathroom in house, 2 WC in restaurant
• Wood burner in restaurant
• Views to the hills and countryside
• 35km to south coast beaches
This traditional restaurant has been running successfully for 27 years but is ready for new owners. There is plenty of fertile land with well water so that produce could be easily grown and there are olive trees producing about 1000kg per annum, some of which are used for the table and some for oil.
The adjoining house needs refurbishment but has water and electricity along with a loft space reached by a staircase.
• One room restaurant with seating capacity of at least 20 pax
• Small bar and old style kitchen
Amenities
• Mains water and electricity
• Septic tank
• Well water for irrigation
• Good internet
• Wood burner in restaurant
Location
8km to Monchique with all amenities
35km to south coast beaches
89km to Faro airport
