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What is the cost of a successful restaurant in the Algarve?

Restaurant in Carvoeiro

ref. PPP687
585.000€
  • C
  • 2
  • 73m2
  • 73m2

In the heart of Carvoeiro, a successful restaurant is currently available for £585,000, ideal for anyone looking to invest in the Algarve's vibrant hospitality scene. This fully operational snack bar not only boasts an excellent location but also presents a great opportunity for a savvy buyer. The current owner has established a well-regarded reputation, ensuring a constant flow of both locals and tourists.

On a surface area of 73m², this establishment comes equipped with everything required for a quick start, including a fully outfitted kitchen and comfortable seating in a welcoming bar area. Additionally, there’s an outdoor terrace that invites guests to enjoy their dining experience in a picturesque setting.

This turnkey business has been maintained in excellent condition, which means you can start operating immediately with no need for refurbishment or renovation. Its proximity to the beach (just 170m away) guarantees seasonal and year-round business due to the high tourist traffic.

Moreover, the location offers a unique advantage, being close to shops and other local amenities that also draw in foot traffic. With the flexibility to operate until 4 AM, you can cater to late-night crowds, increasing your revenue potential.

If you're interested in a restaurant business in the Algarve, this is an opportunity not to be missed. Explore this property today before it’s gone!

Usage
Commercial
Type
Restaurant
Town
Carvoeiro
Parish
Lagoa e Carvoeiro
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
73 m²
Usable area
73 m²
Plot Area
73 m²
Tarmac
Parking outdoors
Terraces
Fully Fitted, Fully Equipped
Storage
2 WC
Internet/Phone, Cable/Satellite TV
Mains electric, Mains drainage, Mains water
Double glazing
Courtyard
Town View
• Turnkey Business in operation
• 73m² Area
• Excellent Location
• Outdoor Terrace
• Fully Equipped Kitchen
• Distance from Beach 170m

A fully functional and operating snack/bar/restaurant with an outside terrace to enjoy al-fresco dining and drinking whilst watching the world of Carvoeiro going by! Inside there is ample space with the opportunity to enjoy all sporting events.

This commercial venture of 73m² is sold fully furnished and equipped - there are 2 toilets, a bar area with comfortable seating, a fully equipped kitchen, and a lovely outdoor terrace. This snack bar is in excellent condition, and fully prepared for immediate trade. Equipped with air-conditioning, high-quality acoustics, and noise insulation.

The current business is prepared to operate 7 days a week and throughout the year and has a license to open all day until 4am.

It is very popular with residents and tourists alike.
A perfect business opportunity with a great history and reputation going back to the early 1990´s.

Amenities

• AC
• High Quality Acoustic and Sound Insulation
• 2 WC
• Bar Area

Location

• Carvoeiro : N/A
• Beach : 170m
• Shops : 50m
• Golf : 2.5km
• Airport : 62km

Other Info

* The features / equipment mentioned in this description are subject to verification and agreement between sellers and buyers.
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