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What is the cost of a turnkey restaurant with apartments in East Algarve?

Restaurant in Estoi

ref. SB1177
750.000€
  • B-
  • 2
  • 2
  • 142m2

If you're considering a turnkey restaurant with apartments in East Algarve, this attractive opportunity is available for €750,000. This fully equipped and licensed restaurant boasts 53 seats and offers two independent, renovated apartments above, making it perfect for owners or staff accommodation. Located just a few minutes from the picturesque Pousada in Estoi, this property combines residential and commercial potential in a beautiful setting. The restaurant spans 242m² and features two separate entrances, toilets, storage facilities, and a kitchen designed to cater to various dining experiences such as breakfast, lunch, or evening bar service. Investors will appreciate the large terraces with sea views, enhancing the property's charm and rental appeal. Ideal for those looking to establish a thriving business, this property offers immense potential in a region known for its beauty and tourist appeal. With a short distance to the beach and local attractions, it ensures a steady flow of customers. This unique venture not only serves the local community but also caters to visitors seeking an authentic Algarve experience. Explore this investment opportunity before it's gone! Contact us now to schedule a viewing!

Usage
Commercial
Type
Restaurant
Town
Estoi
Parish
Conceição e Estoi
Municipality
Faro, Faro
Region
Algarve (East)
Construction Year
2005
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
3
Furnished
Fully
Surface area
242 m²
Plot Area
142 m²
Parking outdoors
Own Entrance, Open Plan, Electric Hob/Oven, Dishwasher, Fridge/Freezer
Laundry, Utility Room
Bedroom 1
First Floor, 2 Bedrooms, Fitted Wardrobe
Bedroom 2
Second Floor, Studio Apartment, Fitted Wardrobe
Guest Toilet, Family Bathroom
Mains water, Mains electric, Mains drainage, Gas Bottle
Wooden Shutters, Double glazing
Town View
• 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

Location

• Distance to Beach: 15km

Other Info

Restaurant currently not operational.
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