Investing in this modern restaurant with two studio apartments in Algarve is easy and offers substantial potential returns. Priced at €1,990,000, this property is not only a functional dining venue for 40 guests but also includes two well-equipped studio apartments that perfectly accommodate staff or guests, thus enhancing rental opportunities. Located just 800 metres from Mareta beach, this restaurant benefits from high foot traffic and year-round tourism.
Constructed in 2022, this property boasts a fully fitted modern kitchen and outdoor terrace dining, which attracts both locals and visitors. The presence of solar panels contributes to the property’s sustainability, offering lower operational costs for the new owner. Furthermore, the restaurant complies with accessibility standards, featuring wheelchair-friendly facilities, which broadens its customer base.
As a bonus, the building allows for further expansion, providing the opportunity to grow the business or increase rental capacity. With Sagres being a sought-after location for its natural beauty and vibrant lifestyle, these apartments can generate reliable rental income, especially during peak tourist seasons. The close proximity to key tourist sites makes it easy for visitors to access the restaurant, enhancing overall profitability.
This unique offering in the Algarve presents a lucrative opportunity for someone looking to invest in the hospitality sector. Don’t miss your chance to own this versatile property that combines dining, living, and investment potential. Reach out today for more details!
• Living area 213.5m²
• Plot 600m²
• Year of construction 2022
• Restaurant for 40 pax and excellent location
• Terrace at the front
• 2 x T0 studio apartments – ideal for staff
• Fully equipped modern kitchen
• Distance from beach 800m
This successful restaurant has a fully equipped modern, professional kitchen with a pizza oven. There are two studios for staff, solar panels on the roof terrace, and the option of expanding. Price is negotiable and figures can be provided.
Restaurant:
• Seating for 40 pax
• 2 x WC (wheelchair friendly)
• Bar with Italian coffee machine
• Large commercial kitchen with storage, WC and shower
• Front, outdoor terrace for clients
2 x studio Apartments
• Modern kitchenette
• Modern bathroom with shower
• Option to expand the roof area for extra living space
External:
• Electric gates
• Option for parking 4 cars or expansion of terrace
• Client terrace/esplanade
Amenities
• Air conditioning in all rooms
• Solar panels on the roof
• Mains, water, electric & drainage
• Ladies & Gents WC
• Laundry & Storage/Pantry
• Staff WC & Shower in commercial kitchen
Location
• 8.7km to nearest golf course
• 1.3km to the nearest school
• 800m to the beaches of Mareta/Martinhal/Tonel
• 116km to Faro airport