In the Algarve, there are excellent opportunities to buy a restaurant and cottage, particularly with this property available for €310,000. Located near Monchique, the successful restaurant has operated for 27 years and offers a charming setup, perfect for those looking to enter the hospitality business. This unique property includes a fully functioning restaurant, alongside a cottage that can be renovated into living space or guest accommodation.
Spread over a 3,640 m² plot, this opportunity not only features the restaurant but also benefits from fertile land suitable for growing produce, which is a plus for sustainability-minded buyers. The restaurant itself features a welcoming design with a seating capacity of at least 20 and includes additional facilities like a small bar and rustic kitchen, providing an authentic dining experience.
Potential buyers will appreciate the proximity to essential amenities in Monchique, just 8 km away, while the stunning beaches along the southern coast are only 35 km away. The area is known for its natural beauty, offering peaceful countryside views and the perfect setting for a small business.
Mains services like water and electricity are available, along with a well for irrigation, which supports the property's agricultural potential. This investment is ideal for those looking to create a lifestyle business and connect with the local community. With such a desirable location and the option to grow the business further, this property presents an unmatched opportunity.
Don't hesitate to find out more. Get in touch today to discover how you can make this 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
