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What is the cost of a restaurant and cottage for sale near Monchique?

Restaurant in Monchique

ref. LG1869
380.000€ 310.000€
  • C
  • 2
  • 1
  • 206m2
  • 3.640m2

The asking price for this unique restaurant and cottage opportunity near Monchique is €310,000. This property combines a successfully operating restaurant with a living area that includes 2 bedrooms and ample outdoor space. Set on a generous plot of 3,640 m², it features fertile land perfect for growing your own produce, with water supplied from its own well. Located just 8 km from the vibrant town of Monchique and 35 km from the south coast beaches, this location offers both visibility and accessibility for potential customers. The restaurant, established for over 27 years, comes fully operational and is equipped with essential amenities including mains water, electricity, and good internet access. Buyers looking for an investment can expect fantastic potential for guest accommodation by refurbishing the adjoining cottage. Ideal for ambitious restaurateurs or those seeking a lifestyle change in the Algarve, this property offers not only a business opportunity but a home surrounded by stunning countryside. Contact us today to explore this exceptional property before it's gone!

Usage
Residential
Type
Restaurant
Town
Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
5
Bedrooms
2
Bathrooms
1
Furnished
Partly
Living Area
206 m²
Usable area
206 m²
Plot Area
3.640 m²
Tarmac, Easy Access, Turning Space
Parking outdoors
Lounge/Dining
Partly fitted, Rustic
2 Bedrooms
1 Family Bathroom, 2 WC
Fireplace, Log/wood burner
Internet/Phone
Mains electric, Mains water, Septic tank, well
Single Glazing
Private, Natural
Countryside View
• 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

Other Info

The Restaurant is operational
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