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How to invest in commercial property with residential accommodation in the Algarve?

Villa in Burgau

ref. LW2056
1.200.000€ 875.000€
  • B-
  • 3
  • 4
  • 168m2
  • 5.213m2

Investing in a commercial property with residential accommodation in the Algarve is made easy with this villa and restaurant for sale near Burgau. Perfectly positioned just 700 metres from the sea, this property allows you to combine living and business in one of the most desirable regions in Portugal. The spacious 3-bedroom villa offers comfortable living with fantastic country views.

The commercial restaurant space that accompanies the property includes a fully equipped kitchen and seating for 40 patrons, making it suitable for various dining options. With the potential to reap rental returns from both the restaurant and the residential accommodation, this is an ideal investment opportunity. The basement, which acts as a two-bedroom apartment, enhances the flexibility of this property, allowing for additional income generation.

Nestled in a tranquil area abundant with fruit trees and a large plot with outdoor spaces, this property invites you to enjoy the serene life in the Algarve. The proximity to beautiful beaches, shops, and dining options further increases its appeal. The villa's unique structure provides options for modification and improvements, making investments personal and tailored to your vision.

Don’t let this opportunity slip by! Reach out today to discuss this exciting investment prospect!

Usage
Commercial
Type
Villa
Town
Burgau
Parish
Budens
Municipality
Vila do Bispo, Faro
Region
Algarve (West)
Construction Year
1987
Rooms
7
Bedrooms
3
Bathrooms
4
Floors
2
Living Area
168 m²
Usable area
168 m²
Plot Area
5.213 m²
Tarmac, Driveway
Parking outdoors, Carport
Lounge/Dining
Balcony/Terrace, Garden Terrace
Fully Fitted, Fully Equipped
Storage, Pantry, Office/Study, Basement, Restaurant
Cable/Satellite TV, Internet/Phone
Mains electric, Mains water, Septic tank, Gas Bottle
Single Glazing, Fly Screens, Manual Shutters/Blinds
Private, Natural, Walled, Trees
BBQ, Courtyard
Sea View, Countryside View, Panoramic View
• Restaurant not in Operation
• Private 3 Bedroom villa with commercial restaurant
• Large Basement used as T2 apartment
• Plot 5213m²
• Living area 168m², Constructed area 168m²
• Sunny outdoor area with 20m² terraces
• Restaurant with bar and 40 seats, covered terrace with 30 seats
• Separate driveways with parking for the customers
• 700m to nearest beach

The original owners built the villa with restaurant, which was extremely succesful for many years. Situated on a hillside, in a prime location between Burgau and Salema close to Cabanas Velhas beach. This property is a great opportunity to start/run your own commercial business and live adjacent, or rent out the restaurant part as an investment. The basement has two bathrooms and can be used as flexible accommadation or for staff.

The main house has its own driveway and access and benefits from uninterupted views on all sides. The villa sits on a big plot with several fruit trees. There is a garage and another storage room outside and a balcony at the front. The villa benefits from new windows, shutters and nets only put in last year. This villa does need some TLC and is looking for a new owner who can bring it back to its full potential.

Ground floor:
• Restaurant with bar, up to 40 persons
• Covered Terrace, up to 30 persons
• Commercial Kitchen
• Customer WCs

First Floor:
• Big living and dining area with patio doors to terrace
• Kitchen and pantry with external access
• 3 good sized bedrooms on the same floor, 2 have built-in wardrobes
• 2 family bathrooms
• New windows, mosquito nets and shutters

Basement:
• 2 bedrooms, 1 en-suite
• 1 family bathroom
• Living room with access to a terrace
• Kitchen and storage room

External:
• Partially covered terrace with approx. 40 seats
• 2 storage rooms, 1 is as large as a garage
• Plot of land, private, no building possible next to it (agriculture)
• Driveway with client parking
• Private driveway for the villa

Amenities

• Mains Electricity & Water
• Restaurant with own driveway and parking
• Basement currently used as an apartment
• Large storage outside and private driveway with carport
• Large plot with fruit trees
• New windows

Location

• 700m to nearest beach
• 600m to the sea
• 8.8km to golf course
• 95km to Faro Airport
• 1,5km to the next town

Other Info

Restaurante not operational
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