Investing in this attractive property in Estoi provides not only a commercial restaurant opportunity but also residential accommodation. The ground floor features a fully equipped restaurant with 53 seats, spacious kitchen, terrace, and potential for various dining options. Above, two well-appointed apartments offer room for personal use or rental income, enhancing the property's income potential. Located minutes from the popular Pousada de Estoi and 15km from beautiful beaches, this property is perfect for those looking to capitalize on the lucrative tourist market in Algarve. A original price of €450,000 has been adjusted to €750,000, reflecting the exceptional value and potential of this investment. Discover the possibilities today and arrange your private viewing—contact us now!
• 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
