Investing in a restaurant in the West Algarve, particularly in the Monchique area, presents a wealth of opportunities. With its stunning natural environment, the region attracts both tourists and locals, offering a steady customer base for dining establishments. This property includes a successful restaurant that has been operational for nearly three decades, providing a solid foundation for potential owners. It not only offers the chance to produce excellent local cuisine but also walking distance to the scenic hills that enhance the dining experience. The surrounding land features mature olive trees that yield about 1000 kg of olives yearly, which could be turned into a unique product for your restaurant. This property has the added advantage of a cottage that can be renovated for personal use or as guest accommodation, increasing rental potential. Additionally, the economic growth of the Algarve makes this location attractive for investment. Explore the lifestyle and business potential here — it’s the perfect setting for your culinary dreams! Reach out to us today to discuss this incredible opportunity!
• 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
