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What are the benefits of owning a restaurant and cottage in the Algarve?

Restaurant in Monchique

ref. LG1869
380.000€ 310.000€
  • C
  • 2
  • 1
  • 206m2
  • 3.640m2

Owning a restaurant and cottage in the Algarve offers numerous benefits, and this property near Monchique exemplifies them beautifully. Priced at €310,000, this estate combines the charm of culinary entrepreneurship with the peacefulness of countryside living. The operational restaurant has been successfully running for 27 years, indicating a strong business foundation ideal for new owners.

Covering a total of 206m², the restaurant has seating for at least 20 guests, with a rustic kitchen that is perfect for serving fresh, locally sourced dishes. The adjoining cottage, although requiring some refurbishment, provides essential living space, complete with 2 bedrooms and stunning countryside views. Owners can enjoy the tranquillity of the area while also being just 8km from Monchique and not far from the picturesque Algarve coastline, only 35km away.

The property features an impressive 3,640m² of land ripe for cultivation, including well-established olive trees producing around 1000kg of olives annually. Mains electricity and water, as well as a well for irrigation, add to its sustainability.

Investing in this property can offer a profitable return while allowing for a beautiful lifestyle in one of Portugal’s most sought-after regions. Don’t wait—contact us to explore this unique opportunity today!

Usage
Residential
Type
Restaurant
Town
Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
5
Bedrooms
2
Bathrooms
1
Furnished
Partly
Living Area
206 m²
Usable area
206 m²
Plot Area
3.640 m²
Tarmac, Easy Access, Turning Space
Parking outdoors
Lounge/Dining
Partly fitted, Rustic
2 Bedrooms
1 Family Bathroom, 2 WC
Fireplace, Log/wood burner
Internet/Phone
Mains electric, Mains water, Septic tank, well
Single Glazing
Private, Natural
Countryside View
• 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

Other Info

The Restaurant is operational
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