This commercial property for sale in Estoi stands out as a spectacular option, featuring a restaurant and two distinct living accommodations. For buyers seeking a restaurant with integrated apartments, this proposition offers a comprehensive package, perfect for hospitality entrepreneurs or investors. The ground floor hosts a licensed restaurant capable of seating 53 patrons, conveniently furnished with all necessary equipment. The two homes above the restaurant comprise a two-bedroom unit with a massive terrace and a studio apartment showcasing stunning sea views. This layered use of the building not only supports business operations but provides excellent rental possibilities for additional income. Positioned close to the Pousada and just minutes from the local centre and amenities, this property is well-poised for success in both residential and commercial aspects. The architectural design captures the essence of the region while enhancing its marketability when considering its rental potential. This unrivalled opportunity combines both living and business accommodation in one of the Algarve's charming locales. Don’t miss out; get in touch to learn more about making this vibrant location your new investment!
• 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
