Investing in this restaurant with living accommodation in Algarve provides a unique opportunity for buyers looking to enter the thriving hospitality and agricultural sectors. This operational restaurant, which has been in business for 27 years, includes a cottage that can be converted into a home or guest rental, making it ideal for versatile use. The property spans 3,640 m² of land with fertile soil, perfect for growing produce to support the restaurant's menu. With a restaurant area of 113 m² and a living space of 93 m², there's ample room for creativity and expansion. Located just 8km from Monchique and 35km from the stunning south coast beaches, this property offers both accessibility and a tranquil environment. The potential for additional income from land cultivation adds further investment appeal. The cottage requires some refurbishment but is already equipped with basic utilities like electricity and water. Perfect for buyers looking to integrate lifestyle and work, this property is a rare find in the Algarve region. Don't miss out on this lucrative investment; contact us now to discuss this exciting opportunity!
• 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
