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How can I invest in a turnkey restaurant business in West Algarve?

Restaurant in Monchique

ref. LG1869
380.000€ 310.000€
  • C
  • 2
  • 1
  • 206m2
  • 3.640m2

Investing in a turnkey restaurant business in West Algarve has never been easier! This property, with an operational restaurant set in the heart of nature, offers you an incredible opportunity to step in and continue a successful legacy. Priced at €310,000, in addition to the restaurant, you will find a cottage that can be refurbished for residential living or guest rental accommodation. Situated just 8 km from Monchique and close to essential amenities, this location attracts passing trade while providing a peaceful setting. The restaurant can comfortably seat at least 20 guests and features a classic kitchen along with a small bar area. Additionally, the surrounding land includes olive trees, producing approximately 1000kg of olives per year, perfect for those interested in using local ingredients. With ample parking and excellent internet connectivity, this property is perfect for someone looking to own a restaurant in the Algarve. Take the first step towards your investment today by contacting us for more details!

Usage
Residential
Type
Restaurant
Town
Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
5
Bedrooms
2
Bathrooms
1
Furnished
Partly
Living Area
206 m²
Usable area
206 m²
Plot Area
3.640 m²
Tarmac, Easy Access, Turning Space
Parking outdoors
Lounge/Dining
Partly fitted, Rustic
2 Bedrooms
1 Family Bathroom, 2 WC
Fireplace, Log/wood burner
Internet/Phone
Mains electric, Mains water, Septic tank, well
Single Glazing
Private, Natural
Countryside View
• 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

Other Info

The Restaurant is operational
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