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Where can I invest in a restaurant and cottage near Monchique?

Restaurant in Monchique

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

Investing in a restaurant and cottage near Monchique is an exciting opportunity for serious buyers. This property not only includes a fully operational restaurant but also a charming cottage that can be converted for personal use or rental. Situated just 8 km from Monchique, this property boasts an elevated location, perfect for attracting passing customers. With a plot size of 3,640 m², there’s ample space to grow your own produce, making it ideal for those interested in a farm-to-table business model. The cottage, while needing refurbishment, has water and electricity, providing a great canvas for your vision. The restaurant has been successfully running for 27 years and comes with a seating capacity of at least 20 people, a rustic kitchen, and a small bar area. Imagine serving dishes made from your own homegrown ingredients! Also, mature olive trees on the property produce around 1000 kg of olives annually, which could be a unique selling point. Notably, the area is only 35 km from beautiful south coast beaches and close to local amenities. This flexibility makes it an ideal investment, whether for personal use or as a business venture. Don't miss out on this unique opportunity to create your dream lifestyle in West Algarve! Contact us now to schedule a viewing!

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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