Investing in a turnkey restaurant business with accommodation in the Algarve presents a remarkable opportunity for prospective buyers. This particular property is a well-established restaurant, operational for 27 years, paired with a cottage that is perfect for personal residence or guest rental. The restaurant occupies a prime location, just 8km from the charming town of Monchique, ensuring a steady stream of customers.
The property features 113m² of restaurant space, with a seating capacity for at least 20 guests and includes functional kitchen facilities. The adjoining cottage, with two bedrooms and one bathroom, provides comfortable living quarters, representing an attractive option for those seeking a dual-purpose property.
The 3,640m² plot of land is not only generous but also equipped for sustainable agricultural practices, making it ideal for growing fresh produce for restaurant use. This element enhances the restaurant's appeal to food-conscious customers and could drive more business.
Investing here also implies strong ROI potential given the established customer base and operational history. The combination of culinary and hospitality business reinforces the financial viability of this investment, especially in a region with growing tourist interest.
Seize this opportunity to own a unique property that blends lifestyle and business in one of the Algarve's most sought-after locations. Contact us now to start your journey towards ownership!
• 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
