My Portugal Property

My Portugal Property

Create a My Portugal Property profile

It's free to use and allows you to:

  • Save & rate your favourite properties
  • Access recently viewed properties
  • Sync across all your devices
  • Access our latest market report

My Portugal Property

Create account

My Portugal Property

Reset your password

My Portugal Property

Reset your password

We have sent you a link to reset your password - please check your email account.

See the gallery
Rotate to
see gallery
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%

Save property Saved
Rate property
Write a note

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.

Read more

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,
Paulo Torrao

Make an enquiry Make an offer Request Callback

Make an enquiry

Thank you

We will get back to you as soon as we can.

Close

Request Callback

Thank you

We will call you as soon as possible.

Close

Make an offer

Your offer is non binding and the seller is under no obligation to accept your offer. We will contact you within two working days if you tick the box below. Feel free to contact our team if you have any questions.

Thank you

Your offer is now with the Portugal Property team. If you checked the box to say that you wish to be contacted, we will do so within 24 hours. If you have any questions, feel free to contact us.

Close

Send to a friend

Complete the form below to send this property to a friend.

Thank you

You've now shared this property with a friend.

Close

Ask the Expert: Currency Exchange

Sarah Monaghan is a foreign currency exchange specialist working for Smart Currency Exchange in Portugal. If you have a question relating to foreign currency exchange, complete the form below and Sarah will get back to you.

Ask the Expert: Mortgages

Mario is a mortgage expert working for Quinta Finance in Portugal. If you have a question relating to mortgages, complete the form below and Mario will get back to you.

Ask the Expert: Property Law

Francisco Salgueiro is a property law expert working for Edge International Lawyers in Portugal. If you have a question relating to Portuguese property law, complete the form below and Francisco will get back to you.

Thank you

Our expert will be in touch with you shortly.

Close

Download our Golden Visa Info Pack

Complete the form below to receive your info pack.

  • Discover the steps required to qualify for a 'Golden Visa'.
  • Receive additional Investor Tips & emails about Portugal's best Investment Properties

Thank you

In a couple of minutes you will receive an email containing a link to download the info pack.

Close

We use cookies! Read more