The price for this turnkey restaurant with apartments in East Algarve is set at €750,000, a compelling investment for a thriving hospitality business. Located in Estoi, this property combines a fully operational restaurant space on the ground floor with two renovated apartments above, promising both a profitable enterprise and comfortable living accommodations. The entire building spans 242m², and boasts a great layout featuring a 53-seat restaurant, a well-equipped kitchen, and generous storage space. Each apartment comes with spacious terraces, one providing spectacular sea views. Just minutes from the Pousada, this location is ideal for attracting both local patrons and tourists. Not only can you enjoy the convenience of living above your business, but there's significant rental potential for the apartments, enhancing your return on investment. This property truly encapsulates versatility, whether you wish to run a breakfast café, dining restaurant, or a lively bar atmosphere. If you're interested in seizing this fantastic opportunity, get in touch with us today!
• 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
