The investment potential for this restaurant with land near the Algarve is significant, particularly for those interested in establishing a successful business. Being operational for 27 years, this restaurant is not only a profitable venture but also has the possibility to leverage the rich growing conditions of the 3,640m² plot. The fertile land, complete with a well for irrigation, enables the cultivation of fresh produce, which can enhance the restaurant's menu and reduce supply costs. Additionally, the on-site cottage offers refurbishment opportunities, which could allow for extra income through guest rentals or personal living space. Located 8km from Monchique and 35km from the coast, this property benefits from high visibility and customer draw from passing traffic. The combination of a thriving local tourism sector and a rustic dining experience positions this property as an attractive prospect for investors. Don’t hesitate to explore this profitable investment opportunity – get in touch for more details!
• 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
