Estoi offers remarkable business opportunities, particularly with this property featuring a restaurant and living accommodation. Currently available for €750,000, the building consists of a fully equipped restaurant on the ground floor and two apartments above. The restaurant accommodates 53 guests comfortably and includes essential amenities like a kitchen, storage, and terrace space, allowing for potential operations ranging from a coffee shop to a formal dining establishment. The two bright and spacious apartments feature large terraces, ideal for enjoying the beautiful Algarve weather and offering great sea views. Moreover, being located close to the central Pousada boosts its attractiveness for tourists. With a distance of only 15km to the beach, the rental potential for the apartments could prove significant. This combination of commercial and residential space in a desirable area represents a unique opportunity for savvy investors seeking a diverse portfolio. Don't miss out on such an exceptional investment; reach out today for more details!
• 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
