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How can I purchase a turnkey restaurant and cottage in Monchique?

Restaurant in Monchique

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

Purchasing a turnkey restaurant and cottage in Monchique is an excellent opportunity for aspiring business owners. This operational restaurant has been successfully running for 27 years, providing a stable foundation for those looking to enter the hospitality industry. Located just 8km from Monchique, it features a living area house of 93m², a restaurant space of 113m², and a generous plot size of 3,640m², making it an ideal investment. The cottage requires some refurbishment, allowing new owners to design it to their liking, potentially for personal use or as a guest rental. The restaurant includes a small bar, a rustic kitchen, and seating for at least 20 patrons, all equipped with mains water, electricity, and good internet connectivity. You can also grow your own produce on the fertile land, which already includes olive trees producing around 1,000kg of olives annually. With the south coast beaches just 35km away, this location offers a perfect blend of rural tranquillity and accessibility. It's an ideal choice for those seeking a lifestyle change along with a business venture. Don't miss out on this unique opportunity – contact us to arrange a viewing today!

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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