Fantastic Opportunity - Renowned, Top Quality Restaurant

Key Information

Price:: €650,000
Reference:: PP966
Type:: Commercial
Location:: Almancil, Central Algarve
Region:: Algarve
Country:: Portugal (PT)
Bedrooms:: n/a
Bathrooms:: n/a
Living Area:: 142m²
Plot Size:: 1,644m²

Description

This is a unique opportunity to acquire an extremely popular, Mediterranean style restaurant, set in a quirky octagonal building. It is situated just outside the centre of Almancil, on the road to two of the most prestigious resorts in the Algarve; Vale do Lobo - home to the Royal and Ocean golf courses and Quinta do Lago with Pinheiros Altos, San Lorenzo and the Quinta do Lago North and South courses.

The restaurant has a good sized car park and there are approximately 40 covers in the tastefully decorated air conditioned dining room and an additional 50 in the outside courtyard which is surrounded by lush greenery.

With its very high visitor rating on Tripadvisor, the restaurant is currently generating excellent rental income which can be continued if desired or run as a family business.

It should be noted that this area has an abundance of luxury accommodation and is only 20 minutes from Faro airport.

This restaurant offers an unparalleled business opportunity and early viewing is highly recommended.

Ref: PP966