Investing in a restaurant and cottage near Monchique represents a compelling opportunity, given the property's established presence and unique functional layout. With a successful track record of 27 years, the restaurant is fully operational and offers a fantastic opportunity for new owners to step in without the hassle of starting from scratch. Not only does this property include a capable restaurant spanning 113m², but it also incorporates a cottage with 2 bedrooms and additional loft space, perfect for conversion into guest accommodation or a personal residence. The generous land size of 3,640m² allows for the cultivation of various crops to support your culinary offerings while significantly reducing supply costs. This location stands out for its accessibility, situated just 8km from Monchique's amenities and 35km from stunning south coast beaches. The potential for short-term rental income, combined with a restaurant catering to both locals and tourists, offers unique financial advantages. With the beauty of the Algarve at your doorstep, this property is ideal for lifestyle pursuits alongside business ventures. Don't miss out on this phenomenal investment—get in touch today for more information!
• 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
