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Why is this successful bar-restaurant a great investment opportunity in the Algarve?

Restaurant in Carvoeiro

ref. PPP687
585.000€
  • C
  • 2
  • 73m2
  • 73m2

This successful bar-restaurant in Carvoeiro presents a fantastic investment opportunity, showcased at a price of €585,000. The venue enjoys a premier location just 170m from the beach, ensuring continuous customer flow from residents and tourists alike. It boasts a charming outdoor terrace, allowing guests to enjoy meals and drinks while soaking in the lively atmosphere of this popular Algarve resort. The establishment spans 73m², featuring a fully equipped kitchen and a welcoming bar area, ensuring it is fully functional for immediate trade. Its reputation as a cherished locality since the early 1990s speaks to its robust business model and loyal clientele. Furthermore, operating until 4 am caters to those seeking late-night fun, effectively tapping into the region's nightlife. With a potential for high rental income and resale value, this bar-restaurant is perfect for anyone looking to invest in the vibrant Algarve hospitality scene. Don’t miss your chance to acquire this key asset—contact us today for more details!

Usage
Commercial
Type
Restaurant
Town
Carvoeiro
Parish
Lagoa e Carvoeiro
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
73 m²
Usable area
73 m²
Plot Area
73 m²
Tarmac
Parking outdoors
Terraces
Fully Fitted, Fully Equipped
Storage
2 WC
Internet/Phone, Cable/Satellite TV
Mains electric, Mains drainage, Mains water
Double glazing
Courtyard
Town View
• Turnkey Business in operation
• 73m² Area
• Excellent Location
• Outdoor Terrace
• Fully Equipped Kitchen
• Distance from Beach 170m

A fully functional and operating snack/bar/restaurant with an outside terrace to enjoy al-fresco dining and drinking whilst watching the world of Carvoeiro going by! Inside there is ample space with the opportunity to enjoy all sporting events.

This commercial venture of 73m² is sold fully furnished and equipped - there are 2 toilets, a bar area with comfortable seating, a fully equipped kitchen, and a lovely outdoor terrace. This snack bar is in excellent condition, and fully prepared for immediate trade. Equipped with air-conditioning, high-quality acoustics, and noise insulation.

The current business is prepared to operate 7 days a week and throughout the year and has a license to open all day until 4am.

It is very popular with residents and tourists alike.
A perfect business opportunity with a great history and reputation going back to the early 1990´s.

Amenities

• AC
• High Quality Acoustic and Sound Insulation
• 2 WC
• Bar Area

Location

• Carvoeiro : N/A
• Beach : 170m
• Shops : 50m
• Golf : 2.5km
• Airport : 62km

Other Info

* The features / equipment mentioned in this description are subject to verification and agreement between sellers and buyers.
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