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What opportunities are there to buy a restaurant with residential space in Algarve?

Restaurant in Monchique

ref. LG1869
380.000€ 310.000€
  • C
  • 2
  • 1
  • 206m2
  • 3.640m2

Unlock incredible opportunities to buy a restaurant with residential space in the Algarve with this amazing property for sale! Priced at €310,000, this establishment not only comes with a fully operational restaurant but also includes a cottage that can be transformed into welcoming guest accommodation or your personal residence. Situated just 8 km from the scenic town of Monchique and within easy reach of beautiful south coast beaches, this location is ideal for attracting passing customers and holidaymakers alike. The restaurant has been a staple in the community for 27 years, highlighting its potential for continued success. Featuring a spacious layout, with room for at least 20 diners, and two WC facilities available, this setup is perfect for budding restaurateurs. Additionally, the surrounding land supports sustainable living with the opportunity to grow your own produce. Embrace this opportunity to combine business and lifestyle in the stunning Algarve. Contact us now to arrange a viewing and see this property for yourself!

Usage
Residential
Type
Restaurant
Town
Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
5
Bedrooms
2
Bathrooms
1
Furnished
Partly
Living Area
206 m²
Usable area
206 m²
Plot Area
3.640 m²
Tarmac, Easy Access, Turning Space
Parking outdoors
Lounge/Dining
Partly fitted, Rustic
2 Bedrooms
1 Family Bathroom, 2 WC
Fireplace, Log/wood burner
Internet/Phone
Mains electric, Mains water, Septic tank, well
Single Glazing
Private, Natural
Countryside View
• 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

Other Info

The Restaurant is operational
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