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Where can I invest in a restaurant with accommodation in Estoi, Algarve?

Restaurant in Estoi

ref. SB1177
750.000€
  • B-
  • 2
  • 2
  • 142m2

If you're looking to invest in a restaurant with accommodation in Estoi, Algarve, this property is an excellent option. It features a fully equipped and licensed restaurant with a 53-seat capacity on the ground floor and two independent apartments above, perfect for staff or rental opportunities. The total usable area of 242m² provides a spacious setting for both dining and living. Situated just a few minutes from the central Pousada in Estoi, this turnkey restaurant offers a fantastic business opportunity in a desirable location. The ground floor includes separate toilets, ample storage, a well-equipped kitchen, and a lovely terrace, enhancing the overall appeal. The nearby beaches are only 15km away, making it a prime spot for both locals and tourists alike. The apartments feature large terraces, one with sea views, catering to both personal use and short-term rentals. With versatile options for operating a coffee shop, lunch restaurant, or bar after hours, this property promises exciting business potential. As this restaurant could be potentially re-opened with minimal setup, the investment prospects here are striking. Ready to act? Contact us now to explore this opportunity!

Usage
Commercial
Type
Restaurant
Town
Estoi
Parish
Conceição e Estoi
Municipality
Faro, Faro
Region
Algarve (East)
Construction Year
2005
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
3
Furnished
Fully
Surface area
242 m²
Plot Area
142 m²
Parking outdoors
Own Entrance, Open Plan, Electric Hob/Oven, Dishwasher, Fridge/Freezer
Laundry, Utility Room
Bedroom 1
First Floor, 2 Bedrooms, Fitted Wardrobe
Bedroom 2
Second Floor, Studio Apartment, Fitted Wardrobe
Guest Toilet, Family Bathroom
Mains water, Mains electric, Mains drainage, Gas Bottle
Wooden Shutters, Double glazing
Town View
• 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

Location

• Distance to Beach: 15km

Other Info

Restaurant currently not operational.
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