Purchasing this turnkey restaurant business in the Algarve is a straightforward process that you can start today. This operational restaurant comes fully equipped, allowing you to take over and continue serving delicious meals to locals and tourists alike right away. Located near Monchique, in a captivating area of the Algarve, this restaurant provides not just a business opportunity but also a chance to live on-site in the adjoining cottage, which includes two bedrooms and a bathroom. The property spans over 3,640m², perfect for agricultural ventures, including cultivating olive trees that yield about 1000kg annually. With a seating capacity for at least 20 guests, the restaurant already enjoys a loyal customer base, ensuring profitability from day one. The cottage is ideally suited for personalisation and can be easily renovated for guest use to increase revenue. Equipped with mains water and electricity, as well as well-water for irrigation, this property is a sound investment. You'll also appreciate the fantastic views and the proximity to beautiful beaches just 35km away. Don’t wait—contact us today to seize this rare opportunity!
• 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
