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Key information Make an enquiry

€ 650,000 £ 573,719 $ 775,093

Reference PPSS966

Almancil, Central Algarve

Commercial

Built in: 1995

142m2 Build size

€ 4,577 £ 4,039 $ 5,457 / m2 build

1,644m2 Plot size

€ 395 £ 348 $ 471 / m2 plot

Fantastic Opportunity - Renowned, Top Quality Restaurant

€ 650,000 £ 573,719 $ 775,093

-21% 

Date From To +/-

Unknown € 825,000 € 655,000 -21%

25-05-2016 € 1,050,000 € 790,000 -25%

18-01-2017 € 790,000 € 825,000 4%

01-03-2018 € 655,000 € 650,000 -1%

Overall price change -21%

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Key information

Reference: PPSS966

Commercial

Almancil, Central Algarve

Ownership Status: Private

Built in: 1995

142m2 Build size

€ 4,577 £ 4,039 $ 5,457 / m2 build

1,644m2 Plot size

€ 395 £ 348 $ 471 / m2 plot

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.

 

Features

  • Air conditioning
  • Garden
  • Furnished
  • Heating
  • Parking
  • Terrace/Balcony
  • Covered dining area
  • Storage room
  • Near bars / restaurants
  • Near school(s)
  • Near shops
  • Near a golf course
  • Near the beach

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PPSS966

Commercial

Almancil, Central Algarve

Ownership Status: Private

Built in: 1995

142m2 Build size

€ 4,577 £ 4,039 $ 5,457 / m2 build

1,644m2 Plot size

€ 395 £ 348 $ 471 / m2 plot

The location: Almancil, Central Algarve

Almancil is a small Portuguese town in the District of Loule, with a population of around 12000 people. Almancil became a village in 1836, but with the development of the area in the ´70s, due to the influx of tourists into Algarve, this little village began to grow significantly and in December 1987 its title was promoted to town.

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Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Sarah Piessens

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