Purchasing this unique cottage and restaurant business in the Algarve is simpler than you might think. This property, available for €310,000, combines a successful restaurant with an adjoining 2-bedroom cottage; perfect for personal use or as guest accommodation. The restaurant has been thriving for 27 years and features a capacity of 20 seats, a kitchen, and a bar, providing immediate operational potential for aspiring business owners. There’s abundant land surrounding the property, which presents potential for growing fresh produce or herbs right at your doorstep. This area is highly attractive, situated just 8km from the popular town of Monchique and approximately 35km from the stunning beaches of the southern coast. Buyers will appreciate the coupled possibility of living and working in one location while exploring various income avenues including catering and agritourism. The property comes with mains water, electricity, and well water for irrigation—perfect for your entrepreneurial dreams. Take advantage of this opportunity to buy in Algarve, where you can thrive in a vibrant market. Contact us now to discuss options and arrange a tour of this extraordinary property!
• 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
