Investing in a turnkey restaurant business in Estoi has never been easier with this exceptional property on the market. The restaurant is fully equipped, currently licensed, and features a seating capacity of 53, making it ready for immediate operation. Above the restaurant, you will find two independent apartments that are perfect for staff accommodation or as rental units to generate income, enhancing your investment strategy. Located in the picturesque East Algarve, the building is only a short distance from the town centre, increasing its visibility and attractiveness to both locals and tourists. With a total usable area of 242m², there’s substantial room for flexibility in operations—whether you aim to run a café, bar, or dining venue, the choice is yours. Benefits include not just the strategic location but also the nearby amenities and attractions that will draw foot traffic to your establishment. The outdoor terrace area further expands your customer reach during the pleasant Algarve weather. Priced at €750,000, this property offers an exceptional ROI with the potential for growth and success. Don't wait—seize this investment opportunity in Estoi now. Schedule a viewing today to explore the potential!
• 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
