Investing in a restaurant with apartments in Estoi is an excellent opportunity for savvy buyers. This property offers a fully equipped, licensed restaurant along with two independent apartments above, all for €750,000. The restaurant can serve various culinary experiences with 53 seats and quality facilities, allowing potential owners to explore diverse dining concepts. Both apartments are recently renovated, featuring a large terrace for outdoor enjoyment, making them suitable for hosting staff or using as rental properties. Located close to the well-known Pousada de Estoi, the business benefits from high foot traffic and tourism, promising significant ROI. With separate entries for the restaurant and apartments, this property ensures privacy and functionality. Prospective investors can leverage this dual-business model to maximise revenue streams from both dining and accommodation. If you're eager to explore this opportunity further, reach out to us for more details!
• 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
