This unique business opportunity in Estoi, East Algarve, is competitively listed at €750,000. The property features a well-equipped and licensed restaurant with seating for 53, plus two charming apartments above, both featuring large terraces. Ideal for a savvy buyer looking for both commercial and residential space, this property is just a short distance from the newly renovated Pousada de Estoi. With two spacious apartments available, you can generate rental income or provide lodging for staff. The restaurant is designed for various functions, whether it be for breakfast, lunch, or evening dining, offering customers a versatile experience. With an impressive usable area of 242m² and beautiful Moorish architectural style, this property combines charm and functionality. Don’t miss out on this exceptional chance for investment—get in touch today for a viewing!
• 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
