Investing in a restaurant with a cottage in Monchique is an excellent opportunity presented at €310,000. The property features a working restaurant with a cozy bar and an equipped kitchen, ensuring a welcoming atmosphere for patrons. The adjacent cottage, complete with two bedrooms and a full bathroom, provides living accommodations for the owner or options for rental, enhancing your investment appeal. Situated on a sprawling plot of 3,640m², the fertile land is ideal for growing fresh produce, aligning perfectly with the restaurant's farm-to-table concept. The business has been successfully running for 27 years, presenting a solid foundation for future growth, and is located just 8 km from Monchique and 35 km from the south coast beaches. Known for its quality service and unique dining experience, this restaurant caters to locals and tourists alike. With a history of olive production from its own trees, you can create your own olive oil for use in the restaurant, adding a unique selling point. This venture harmonises lifestyle with business opportunities in one of Algarve’s picturesque regions. Don’t let this chance slip away; contact us today to learn more about this investment!
• 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
