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What are the features of a licensed restaurant with accommodation in Estoi?

Restaurant in Estoi

ref. SB1177
750.000€
  • B-
  • 2
  • 2
  • 142m2

The licensed restaurant with accommodation in Estoi offers a wealth of features for prospective buyers. Priced at €750,000, this attractive business includes a fully equipped restaurant with 53 seats, kitchen, storage facilities, and two separate toilets. Above the restaurant, there are two independent apartments—one two-bedroom and one studio—both of which have recently been renovated. The two-bedroom apartment boasts a large terrace, while the studio features a mezzanine and stunning sea views. The building is designed in a traditional Moorish style, providing an appealing aesthetic for guests. Located in the town centre and just 15km from the beach, this property has excellent accessibility and visibility for business ventures. Perfect for those looking for investment potential in the East Algarve area, this dual-function property harmonises commercial and residential needs. Seize this rare opportunity to own a restaurant and accommodation in a vibrant locale; contact us for further information!

Usage
Commercial
Type
Restaurant
Town
Estoi
Parish
Conceição e Estoi
Municipality
Faro, Faro
Region
Algarve (East)
Construction Year
2005
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
3
Furnished
Fully
Surface area
242 m²
Plot Area
142 m²
Parking outdoors
Own Entrance, Open Plan, Electric Hob/Oven, Dishwasher, Fridge/Freezer
Laundry, Utility Room
Bedroom 1
First Floor, 2 Bedrooms, Fitted Wardrobe
Bedroom 2
Second Floor, Studio Apartment, Fitted Wardrobe
Guest Toilet, Family Bathroom
Mains water, Mains electric, Mains drainage, Gas Bottle
Wooden Shutters, Double glazing
Town View
• 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

Location

• Distance to Beach: 15km

Other Info

Restaurant currently not operational.
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