The price of an operational restaurant near Monchique is currently set at €310,000. This well-established restaurant has been running for 27 years, making it a valuable asset for anyone looking to invest in the Algarve's hospitality industry. Comprising a spacious restaurant area of 113 m² and additional living space of 93 m², it’s perfect for both business and personal use.
Located on a generous plot of 3,640 m², the restaurant benefits from fertile land which is ideal for growing fresh produce. The existing olive trees yield approximately 1000 kg of olives annually, highlighting the property’s agricultural potential. The cottage adjoining the restaurant requires refurbishment, giving buyers the chance to create their dream living or guest accommodation space.
With a seating capacity of at least 20, the restaurant features a bar area and a rustic kitchen, perfect for food lovers. Situated just 8 km from Monchique and 35 km from beautiful beaches, the location provides a blend of tranquillity and convenience.
Buyers will appreciate the amenities available in close proximity and the well connectivity for modern living. This operational restaurant not only represents a solid investment but also a path to embracing a fulfilling lifestyle surrounded by stunning landscapes.
Act quickly, as opportunities like this are in high demand! Contact us for more information or to schedule a viewing.
• 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
