Investing in a restaurant with living space in Estoi is a unique opportunity, particularly this establishment which offers not just a fully equipped restaurant but also two charming apartments on the same property. This investment is perfect for those looking to manage a hospitality business while enjoying a home above or renting the apartments for supplemental income. The restaurant is designed to serve various dining experiences, making it versatile for handling different customer needs. Located near the bustling town centre and just 15km from the beach, the appeal of this property extends beyond just the business space into the vibrant lifestyle the Algarve offers. The location is anticipated to prosper given its proximity to tourist attractions and local amenities. Further, the flexibility of utilizing the two private apartments provides a competitive edge to owners focusing on maximizing profitability. With the potential to operate various restaurant concepts, from cafés to dinner spots, the possibilities are abundant. Don’t hesitate to explore this investment opportunity which ticks all the boxes for location, profitability, and lifestyle. Act now to seize this attractive chance before someone else does!
• 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
