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€ 1,800,000 £ 1,588,762 $ 2,146,414

Reference PPSS1012

Almancil, Central Algarve

Commercial

6 Bedrooms

Built in: 1990

3,050m2 Plot size

€ 590 £ 520 $ 703 / m2 plot

Restaurant Ideally Located In The Golden Triangle

€ 1,800,000 £ 1,588,762 $ 2,146,414

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Key information

Reference: PPSS1012

Commercial

Almancil, Central Algarve

6 Bedrooms

10 Bathrooms

Ownership Status: Private

Built in: 1990

3,050m2 Plot size

€ 590 £ 520 $ 703 / m2 plot

This well designed Restaurant is ideally located in the Golden Triangle, between the prestigious areas of Quinta do Lago and Vale do Lobo. It is an excellent investment opportunity and has a few bonus features. These include two 3 bedroom apartments on the top floor, an extensive function room underneath and a large car park with two buildings behind the restaurant.

The Restaurant interior is very cosy. A reception booth and a unique iron fireplace suspended in the air, leads to the lounge and bar area. There is tabled seating for 80 people inside and a further 80 can be seated on the large terrace outside. The massive kitchen is fully equipped and has direct access to the restaurant, the terrace, the function room below and the car park, making deliveries easy.

The extensive function room on the lower level has a capacity for 200 people, it features another bar and various storage areas, including a wine cellar for up to 20,000 bottles. This floor also has an electric garage entrance and features 2 changing/bathrooms for staff.

Behind the Restaurant you will find a large private terrace for the two apartments above. A floor space of 98m2 each make the 3 bedroom, 2 bathroom apartments spacious. They also boast a sizeable lounge and dinning area, big kitchen, a study/office and terrace balconies.

Features

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

Key information

Reference: PPSS1012

Commercial

Almancil, Central Algarve

6 Bedrooms

10 Bathrooms

Ownership Status: Private

Built in: 1990

3,050m2 Plot size

€ 590 £ 520 $ 703 / 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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Yours sincerely,
Lorraine Hodges

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