Discover an excellent opportunity to buy a thriving restaurant with accommodation options near Monchique. This property, on the market for €310,000, includes a functioning restaurant covering 113m² and a 93m² cottage that can be refurbished for use as a private residence or guest rental. Nestled on a spacious plot of 3,640m², this establishment has been operational for 27 years, crafting a local reputation for quality and fresh produce sourced from its fertile land. The adjoining cottage features two bedrooms and a bathroom, providing a perfect living space while you oversee your restaurant business. Located just 8 km from Monchique and 35 km from the gorgeous south coast beaches, this property presents a unique investment opportunity. The fertile land is equipped with well water, ideal for growing various fruits and vegetables, contributing to either personal use or restaurant menu offerings. Enjoy stunning countryside views and the charm of rural living while being close enough to key amenities in town. With a bar, old-style kitchen, and a restaurant that comfortably seats at least 20 patrons, this space is primed for culinary success. Don't miss out on owning this perfect blend of lifestyle and business opportunity; contact us now 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