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Which restaurants with residential options are available for sale near Faro?

Restaurant in Estoi

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

If you're looking for restaurants with residential options near Faro, this property in Estoi is perfect for you. It includes a well-equipped restaurant and two independent apartments, providing both business and living space in a great location. The restaurant is designed to cater to 53 guests, making it suitable for various dining concepts, from a breakfast café to a takeaway service. Each apartment above is tastefully renovated and features spacious terraces with beautiful views, adding value to the overall investment. Situated just minutes from the centre of Estoi and a short drive from the Algarve's stunning beaches, your restaurant can thrive by attracting both locals and tourists. This attractive dual-use property is not only an ideal investment opportunity but also offers a wonderful lifestyle in a vibrant community. The potential for generating additional income through short-term rentals of the apartments is significant, thus increasing the ROI. Take this chance to explore this unique property and discover the numerous possibilities it offers for your entrepreneurial aspirations. Contact us today to find out more and schedule a viewing!

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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