This fantastic investment opportunity allows you to purchase a restaurant with two independent apartments in Estoi, Algarve. The restaurant, which boasts a capacity of 53 seats, comes fully equipped and licensed, providing an immediate start for business operations. Additionally, the two renovated apartments above feature spacious terraces, ideal for restaurant owners or staff accommodation, enhancing this property’s investment potential. Located just a few minutes from the Pousada and only 15 km from the beach, the restaurant offers prime accessibility to both locals and tourists. Being perfect for buyers looking to capitalise on the growing tourism sector in the Algarve, this dual-use property allows for various operational styles, including a breakfast café or takeaway service. The Moorish architectural style adds charm and character, making it appealing to a diverse clientele. With significant potential for ROI through rental income from the apartments and an established business model, this property represents a unique opportunity in a picturesque setting. Explore the vibrant community and the nearby Pousada's offerings to make the most of your investment. Don't miss out on the chance to own this dual-purpose property, perfectly situated for success. Contact us now to schedule a viewing and make your investment dreams a reality!
• Not in Operation
• Usable area 242m²
• Fully equipped and licensed
• 2 apartments above
• Town centre
• Distance to Beach: 15km
An attractive building including a commercial business on the ground floor plus 2 apartments above. It is located in a very interesting region, very close to the newly renovated Pousada (hotel) in Estoi in the East Algarve.
The ground floor offers a completely equipped and licensed restaurant, above there are 2 apartments - both are ideal for the restaurant owner/staff or to be rented out.
The restaurant offers 53 seats, is fully equipped with two entrances, separate toilets, storage facilities, kitchen and terrace. Built in a Moorish style with an equipped bar, this business could offer lots of interesting possibilities such as
• a breakfast coffee shop
• a lunch restaurant
• a coffee/afternoon tea/cake shop
• a Happy Hour bar from 5pm onwards
• a dining restaurant
• a bar from 10pm onwards
• a take-away restaurant/cafe
There is a two bedroom apartment with huge terrace of approx. 80m² and a studio apartment with a mezzanine, big terrace and sea views.
Check the Pousada´s prices and you see your chances right away, it will tick all the boxes!
Amenities
• Air conditioning
• Double glazing
• Roof terrace
• Storage facilities
• Off road/local parking
• Built-in wardrobes
