Purchasing a restaurant in the East Algarve that comes with residential units is easy with this appealing property in Estoi. Listed for €750,000, this restaurant is fully equipped and presents a remarkable investment opportunity not just for commercial use, but also for residential living above. The commercial area provides enough room to comfortably serve 53 guests, while the upstairs apartment options include both a two-bedroom and a studio unit. Ideal for staff accommodation or for generating rental income, these units expand your possibilities for successful operations. Located only 15km from the stunning Algarve coastline, the property's proximity to local amenities makes it incredibly appealing for both business and home living. With the architectural charm inspired by the Moorish style, this property offers an excellent canvas for innovative dining concepts. The potential for return on investment is high due to the dual function of living and working in the same premises. For prospective buyers interested in capitalising on Estoi’s growth, this is a turnkey opportunity waiting for your vision. Don’t let this chance pass; contact us to schedule a viewing today!
• 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
