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Attractive business idea with accommodation in Estoi, East Algarve

573,000 $
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Land area: 142 m²
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Features
  • Built in 2005
  • Balcony or terrace
  • Furnished

• Usable area 242m²

• Fully equipped and licensed

• 2 apartments above

• Town centre

An attractive building including a commercial business on the ground floor plus 2 apartments above. It is located in a very interesting region, very close to the newly renovated Pousada (hotel) in Estói in the East Algarve.

The ground floor offers a completely equipped and licensed restaurant, above there are 2 apartments — both are ideal for the restaurant owner/staff or to be rented out.

The restaurant offers 53 seats, is fully equipped with two entrances, separate toilets, storage facilities, kitchen and terrace. Built in a Moorish style with an equipped bar, this business could offer lots of interesting possibilities such as

• a breakfast coffee shop

• a lunch restaurant

• a coffee/afternoon tea/cake shop

• a Happy Hour bar from 5pm onwards

• a dining restaurant

• a bar from 10pm onwards

• a take-away restaurant/cafe

There is a two bedroom apartment with huge terrace of approx. 100 m² and a studio apartment with a mezzanine, big terrace and sea views.

Check the Pousada´s prices and you see your chances right away, it will tick all the boxes!

Features

Parking: Parking outdoors

Heating-Cooling System: AC

Amenities

• Air conditioning

• Double glazing

• Roof terrace

• Storage facilities

• Off road/local parking

• Built-in wardrobes

Energy Certificate:

Location

• Distance to Beach: 15km

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €500,000 or more.

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Enquire about this new home
Julia Dorokhina
Julia Dorokhina
Real Estate Expert Tranio in Faro (city)
+44 20 3608 1267
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