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!
• 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