If you're searching for a property with land for producing olives near Monchique, look no further than this charming opportunity. This estate includes a functional restaurant as well as living accommodations, all set on a generous 3,640m² of land. Priced at €310,000, this property is perfect for buyers who want to cultivate olives while running a successful business.
The land currently boasts olive trees that yield around 1000kg of olives per year, presenting a unique opportunity for personal use or for integration into the restaurant's menu. With mains water and a well for irrigation support, growing produce here couldn't be easier. The operational restaurant provides a rustic charm with a quaint bar, seating for approximately 20 guests, and a kitchen fully fitted for service.
Located just 8km from Monchique and a short drive to beautiful coastlines, this property offers the ideal combination of rural tranquillity and tourist access. The adjacent 2-bedroom cottage allows for comfortable living space, with potential rental income opportunities should any refurbishment be undertaken.
Investing in this property presents both a lifestyle choice and a business opportunity. Don’t miss your chance—contact us now for more information and to schedule a visit!
• 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
