If you're looking to buy a restaurant with living accommodation in Estoi, this property is an attractive option. The restaurant boasts 53 seats and is fully equipped and licensed, making it a turnkey establishment ready for operation. Above the restaurant, there are two independent apartments, both recently renovated, providing ideal accommodation for the owner or staff, or potential rental income. Located just a few minutes from the town centre and close to the renovated Pousada, you will have a vibrant business environment at your doorstep. The restaurant comes with all necessary facilities including a large kitchen, storage, and separate toilets, ensuring a seamless operation. The building's Moorish architecture adds to its charm and appeal, showing true character. Here, you can create a diverse dining experience, whether as a breakfast café, lunch spot, or Happy Hour bar. The property's generous terraces also offer outdoor seating options that can enhance your customers' dining experience. Given its proximity to tourist attractions and the beach just 15km away, this property has excellent potential for attracting visitors. With a total usable area of 242m² and ample parking, it fits all needs for a successful business. At a price of €750,000, it represents a valuable investment opportunity in the East Algarve. Don't miss out on this unique chance! Contact us now to schedule a viewing.
• 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
