Discover a successful turnkey restaurant for sale just a stone's throw from Monchique that could be the perfect addition to your investment portfolio. This well-established restaurant, operational for 27 years, comes fully equipped with a loyal customer base and a scenic setting in the heart of the Algarve countryside. Featuring a spacious dining area, bar, and a rustic kitchen that allows you to serve fresh, local cuisine, the property can easily accommodate at least 20 guests. The accompanying 2-bedroom cottage offers variety; whether for personal living or conversion into guest rental accommodation, it enhances the potential for revenue generation. Situated on a substantial plot of 3,640m² with fertile land, this property is suited for anyone wanting to cultivate their own herbs or vegetables. With mains and well water provided, sustainability is a significant advantage. The location is prime, just 8km from Monchique town, ensuring accessibility for tourists and locals alike. If you're considering a business venture in the Algarve, don't pass up this unrivalled opportunity. Reach out to us for more details and to schedule a viewing!
• 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
