Investing in this refurbished restaurant with outdoor terraces in Albufeira gives buyers a ready-to-trade business priced at €240,000. The established venue combines a recognised trading history, tourist-area positioning and seating for up to 85 customers. It occupies a prime location on the famous Strip, approximately 1.2 km from Praia da Oura. The restaurant has been run by the same owner for more than 30 years. That history has helped create repeat custom from locals, tourists and families. Outdoor dining is a major attraction, with sunny terraces providing 50 seats. A further 35 seats are available inside the air-conditioned restaurant. The entire premises has been refurbished and repainted, with new furniture throughout the dining area. Its front opens through sliding doors and windows, making the layout adaptable to different seasons and service styles. The 80m² restaurant area includes a bar and two customer toilets. A 20m² commercial kitchen allows the incoming owner to begin trading without the cost of fitting an empty shell. Included equipment comprises a Zanussi gas oven, four-ring hob, double chip fryer, barbecue grill and large gas griddle. Upright and long fridges, stainless-steel counters and washing facilities complete the kitchen setup. Two double garages offer substantial storage and contain a staff room with WC and shower. A water storage tank, water softener and beer cooler support the practical running of the premises. The licence permits opening from 8am to 2am every day of the year. Nearby amenities, holiday accommodation and beach traffic provide several customer sources beyond passing trade on the Strip. The restaurant is 4 km from Balaia golf course and 34.5 km from Faro International Airport, supporting year-round visitor appeal. Buyers may benefit from existing goodwill, outdoor capacity and the potential to maintain or reposition the established business, although financial performance should be independently verified. Contact us today to discuss the investment and book 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