You can buy a successful restaurant with a cottage in the Algarve, specifically located 8km from Monchique. This unique opportunity includes a fully operational restaurant that has been thriving for 27 years, paired with a cottage that offers potential for refurbishment. The property boasts a plot size of 3,640m², making it ideal for expanding the business or creating a personal home. The restaurant includes a dining area-sized for at least 20 patrons, a small bar, and an old-style kitchen.
The cottage, which requires some refurbishment, comes with two bedrooms and one bathroom, providing comfortable living spaces or guest accommodation. Located in an elevated position with stunning views of the hills and countryside, this property is perfect for attracting passing customers. The fertile land allows for sustainable farming, with well water available for irrigation, which is ideal for growing produce to serve in the restaurant.
Investing in this property means embracing a lifestyle that benefits from Monchique's amenities and is just 35km from the beautiful south coast beaches. The investment potential is significant, considering the operational restaurant along with the cottage that can generate additional rental income. With mains water and electricity already connected, plus good internet access, the groundwork for a seamless business operation is ready.
This property not only offers a viable business but also a chance to immerse yourself in the local community. Don't miss this chance to own a piece of Algarve's charm and financial promise. Contact us now to schedule a viewing and explore this incredible opportunity!
• 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
