This appealing restaurant and cottage near Monchique is currently available for sale at €310,000, presenting an excellent investment for buyers interested in hospitality and land use. With a generous plot size of 3,640 m², the property not only offers a well-established restaurant but also a cottage that can be renovated to suit your needs. The restaurant itself covers 113 m², providing a cosy dining space, while the internal living area is a generous 93 m². The land is ideal for growing produce, with existing olive trees producing up to 1,000kg of olives a year for personal use or business enhancement. Situated just 8km from local amenities and 35km from beautiful beaches, the location blends convenience with a peaceful countryside setting. This dual opportunity is perfect for prospective buyers seeking to own a successful business with associated living accommodation. Explore this fantastic offering today before it's gone; arrange a viewing now!
• 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