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Which properties for sale offer a restaurant and two apartments in Algarve?

Restaurant in Estoi

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

For those interested in properties for sale that include both a restaurant and apartments in the Algarve, look no further. This unique property in Estoi features a licensed restaurant with seating for 53 patrons and two independent, fully renovated apartments above, making it an attractive investment.

With all necessary kitchen equipment and facilities on the ground floor, this restaurant is designed for immediate operation. Its prime location near the Pousada de Estoi and within minutes of popular beaches promises a steady stream of customers.

The apartments feature generous outdoor terraces perfect for soaking up the Algarve sun. They provide flexibility for the restaurant owner and their staff or as rental units for additional income.

Built in a distinctive Moorish style, this property not only serves as a business but also as a potential home, creating a wonderful lifestyle opportunity in a vibrant community. Additionally, the investment potential is enhanced by the growing popularity of the area among tourists.

If you’re looking for a diverse investment with both commercial and residential potential, this property ticks all the boxes. Contact us today to learn more about this exceptional offering!

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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