Taking over a turnkey restaurant business in Monchique is straightforward with this current listing. The restaurant, fully operational for 27 years, is ready for new ownership immediately, allowing you to start your entrepreneurial journey without the hassle of setup. It includes all necessary amenities such as a rustic kitchen, a small bar, and a seating capacity for at least 20 patrons. The property also encompasses a cottage that can be converted into a home or guest rental accommodation, offering versatility for personal or commercial use. Situated only 8 km from Monchique and in a prime location for foot traffic, this business is perfect for someone looking to integrate fresh local produce into their menu, utilizing the well-watered land surrounding it. With olive trees producing up to 1000 kg annually, you can even create your own olive oil! Buyers seeking a profitable venture should act quickly. Schedule a viewing today and step into this ready-made business opportunity before it's too late!
• 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
