This turnkey restaurant with accommodation in East Algarve is currently available for €750,000. It features a fully operational restaurant on the ground floor, alongside two independent apartments above, providing great value for serious buyers. With 242m² of usable space and a capacity for 53 seats, the restaurant comes fully equipped and licensed, making it ready for immediate use. Perfect for those seeking an investment in the lucrative hospitality sector, this property offers additional rental income potential through the two apartments, which can be ideal for staff or short-term lets. Set in the charming town of Estoi, just a short distance from Faro and 15 km from stunning beaches, this location is strategically positioned to attract both local diners and tourists alike. The large terraces associated with the apartments offer stunning views and perfect outdoor space for relaxation. Capitalize on the influx of visitors to the Algarve region by operating a versatile dining establishment. Not only does this property present a strong business opportunity, but it also provides a wonderful lifestyle choice in a thriving community known for its warmth and local culture. Connect with us today to find out more about this exceptional offer!
• 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
