Investing in this commercial property with residential potential near Monchique is a strategic move for buyers looking to enter the hospitality sector while enjoying the benefits of rural living. The property consists of an operational restaurant, complemented by a cottage that's perfect for conversion to personal living space or rental accommodation. With an expansive 3,640 m² of land, there are numerous opportunities for cultivation, including olive trees that produce around 1,000kg annually. This unique combination not only diversifies your investment but also enhances your living experience in a stunning location. Located just 8km from local amenities and 35km from the south coast beaches, you'll have the best of both worlds—effortless access to conveniences while immersed in nature. The established restaurant includes adequate seating for patrons, creating a welcoming environment for diners. Whether you're looking to create a thriving business or enjoy leisurely countryside living, this property covers all bases. Contact us today to learn more about this unique investment 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
