If you're wondering how much a restaurant with accommodation near Monchique costs, this unique property is priced at €310,000. Situated 8 km from Monchique and just 35 km away from the beautiful south coast beaches, this operational restaurant offers a fantastic investment opportunity. With a living area of 93 m² and a restaurant space of 113 m², it boasts ample size for both residents and guests.
The restaurant has been thriving for 27 years and includes a small bar and kitchen, providing a convenient setup for culinary enthusiasts. The adjoining cottage, although in need of refurbishment, has potential for converting into personal living space or guest rental accommodation. The property sits on a generous plot of 3,640 m², with fertile land and well water, ideal for growing produce.
Ripe olive trees contribute approximately 1000 kg of olives annually, some of which are used in the restaurant. The peaceful countryside views enhance the charm of this location, making it perfect for buyers looking for a scenic lifestyle. Mains water, electricity, and good internet connection are already in place, ensuring a comfortable living environment.
Investors will find significant rental potential in this property, with nearby Monchique providing all necessary amenities. If you're seeking a unique lifestyle change or an investment in the hospitality industry, consider this restaurant and cottage. Don't miss this opportunity to acquire a property with great growth potential.
Contact us now to schedule a viewing and explore the possibilities this unique offering holds!
• 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
