The price for this unique opportunity to own a restaurant and cottage near Monchique in the Algarve is €310,000. This property is not only a functional, operational restaurant but also offers living accommodation, making it ideal for those seeking a home-based business. Set in an elevated position just 8km from the vibrant town of Monchique, this property combines scenic countryside views with the potential for a profitable venture.
The restaurant spans 113m² and includes a rustic kitchen and bar area, designed to seat at least 20 guests. With the adjoining cottage providing 93m² of living space, it needs refurbishment but presents opportunities for personalisation or creating guest accommodation. Additionally, the large 3,640m² plot includes fertile land ideal for growing produce, including olive trees that yield roughly 1000kg per annum for oil or culinary use.
Enjoy the benefits of mains water and electricity, and a well for irrigation, which makes this a sustainable investment. The property is also located just 35km from the beautiful south coast beaches, allowing for a fantastic lifestyle balance of work and leisure. The infrastructure is supported by good internet connectivity and easy access via tarmac roads.
This property holds excellent potential for buyers looking to invest in a thriving business while enjoying the tranquillity of the Algarve's natural beauty. Contact us today to arrange a viewing and take the first step towards making this dream property yours!
• 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
