If you're looking for properties near Monchique with great investment potential, this restaurant and cottage is an exceptional choice. Priced at €310,000, it provides a unique blend of operational business and living accommodation, making it perfect for both personal use and profit generation. With an ongoing restaurant operation that has established itself over 27 years, there is already a solid foundation for success.
The property includes a 113m² restaurant with a seating capacity for at least 20 customers, complemented by a rustic kitchen and small bar. The cottage, offering 93m² of living space, consists of 2 bedrooms and requires refurbishment, which could greatly increase its value. Situated on a generous 3,640m² plot, there is ample land for expansion or cultivation, including well-watered olive trees producing around 1000kg of olives annually. This aspect enhances the restaurant's appeal with homegrown ingredients.
The location provides easy access to Monchique and the beautiful Algarve coastline, just 35km away, making it an attractive proposition for tourists and locals alike. Mains electricity and water complement the land’s sustainability, while good internet connectivity adds modern convenience.
This property has both lifestyle and financial benefits, appealing to serious buyers seeking a vibrant investment. Don’t miss out on this opportunity—reach out to us now to schedule your 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
