The current asking price for this fully equipped restaurant with apartments in East Algarve is €750,000. This property not only features a restaurant with 53 seats but also two independent apartments located above, providing additional income potential or comfortable living space for owners or staff. The restaurant is licensed and comes with all essential equipment, making it an attractive turnkey opportunity for serious buyers. Located in Estoi, just a stone's throw from the town centre and the newly renovated Pousada, it is perfectly situated for foot traffic and visibility. Additionally, the property boasts a usable area of 242m² and excellent outdoor terrace space, maximizing the overall dining experience. With the beach just 15km away and the surrounding area rich in culture and beauty, this offers immense potential for growth and returns on investment. Ideal for buyers looking to invest in a thriving tourist destination, this is a rare find in the East Algarve market. If you're considering diversifying your investments or starting a new venture, this restaurant could be your perfect fit. Explore this property today before it’s gone!
• 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
