The cost to buy a restaurant with land in the Algarve starts at €310,000 for this unique property near Monchique. This price includes a functioning restaurant, a cottage for potential renovation, and fertile land ideal for cultivation. With an operational restaurant space of 113 m² and an adjoining house of 93 m², buyers can take over a well-established business that has been thriving for 27 years. The property command views of the surrounding hills and countryside, providing a serene backdrop for diners. Along with mains water, electricity, and a septic tank, the property also benefits from its own well for irrigation, making it a practical choice for those looking to cultivate produce. Close proximity to Monchique and incredible beaches makes it a prime location for both tourists and locals. This investment offers not only the chance of financial return but also the opportunity for a lifestyle change in stunning natural surroundings. Don’t wait too long; opportunities like this don’t last! Get in touch with us today for more information.
• 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
