Considering a restaurant property with fertile land near Monchique is a savvy investment move for several reasons. This property not only encompasses an operational restaurant with a rich history but also includes a spacious cottage and approximately 3,640m² of agricultural land. You have the opportunity to grow your produce with the benefit of well-water irrigation, currently yielding 1000kg of olives each year. The restaurant is set up for immediate operation, allowing you to capitalize on a loyal customer base built over 27 years. Enjoy the lifestyle of living on-site in the cottage, which has two bedrooms, a bathroom, and requires some refurbishment to model it to your taste. With stunning views of the surrounding countryside and located just 8km from Monchique and 35km from the Algarve's beautiful beaches, this property has great appeal for tourists and locals alike. Whether you are looking to create a unique dining experience or develop guest accommodations, this property offers versatility and potential for long-term returns. Discover the myriad options this property presents. Act now to schedule a viewing and see how you can make this opportunity your own!
• 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
