If you’re searching for properties that include both a restaurant and apartments in the Algarve, this offering in Estoi is not to be missed. This attractive business opportunity offers a fully equipped and licensed restaurant along with two beautifully renovated independent apartments. The restaurant, capable of seating 53 patrons, is ideal for anyone looking to enter the bustling food service industry in a vibrant community. With the apartments situated above, there is an ideal set-up for owner-occupied living or staff accommodation, significantly boosting the property's investment appeal. Just a few minutes stroll from the Pousada in Estoi, the location is prime for attracting both locals and tourists alike. The total usable space measures 242m², providing a comfortable framework for a variety of dining experiences. Not only does this setup promise a lucrative business venture, but with the beach located just 15km away, it also enhances its desirability for visitors seeking adventure in the Algarve. Competitively priced at €750,000, this dual-purpose property presents an extraordinary opportunity for any serious investor. Contact us for more details and to arrange a viewing!
• 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