€ 650,000 £ 565,234 $ 688,743
Reference PP966
Almancil, Central Algarve
Commercial
Built in: 1995
142m2 Build size
€ 4,577 £ 3,980 $ 4,849 / m2 build
1,644m2 Plot size
€ 395 £ 343 $ 418 / m2 plot
€ 650,000 £ 565,234 $ 688,743
Reference PP966
Almancil, Central Algarve
Commercial
Built in: 1995
142m2 Build size
€ 4,577 £ 3,980 $ 4,849 / m2 build
1,644m2 Plot size
€ 395 £ 343 $ 418 / m2 plot
€ 650,000 £ 565,234 $ 688,743
-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%
Reference: PP966
Commercial
Almancil, Central Algarve
Ownership Status: Private
Built in: 1995
142m2 Build size
€ 4,577 £ 3,980 $ 4,849 / m2 build
1,644m2 Plot size
€ 395 £ 343 $ 418 / 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.
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.
Reference: PP966
Commercial
Almancil, Central Algarve
Ownership Status: Private
Built in: 1995
142m2 Build size
€ 4,577 £ 3,980 $ 4,849 / m2 build
1,644m2 Plot size
€ 395 £ 343 $ 418 / m2 plot
Taxes and Expense : € 0.00
Loan amount : € 0.00
Your monthly payments : € 0.00
Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.
Yours sincerely,
Mariana Madeira
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