The investment prospects for a combined restaurant and flat in Estoi are incredibly bright. This unique property combines a fully-equipped restaurant and two independent apartments, making it a lucrative opportunity for savvy buyers looking to enter the hospitality market.
Priced at €750,000, the restaurant accommodates 53 guests and is fully licensed, offering immediate operational potential. The charming Moorish architecture provides a unique dining experience, while two spacious apartments above cater to staff or can be utilised as rental units for additional income.
Located just a short distance from the historic Pousada de Estoi and within 15 km of the beach, this property is perfectly situated to attract both local and tourist clientele. The design and features of the restaurant allow for versatility—consider options like a café, takeaway, or lively bar.
With its strong potential for return on investment through both the restaurant's operation and apartment rentals, this property presents a compelling opportunity for growth. The Algarve region is known for its increasing tourism rates, making it a wise choice for investors.
Secure your future in this promising business landscape—contact us now to schedule a viewing and learn more about this exceptional investment!
• 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
