Previously Successful And Popular Restaurant For Sale
€ 500,000£ 441,323$ 596,226
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Almancil, Central Algarve
Ownership Status: Private
Built in: n/a
Formally a hugely successful and popular Italian Restaurant, including a 3 bedroom apartment above, in the center of Almancil. Located in the Golden Triangle, with the prestigious resorts of Quinta do Lago and Vale do Lobo only moments away.
The restaurant has a large covered outside terrace or Patio - perfect for al-fresco dining. Inside, the dining room is one spacious room with an impressive bar in the corner, which leads to the ample kitchen. There are separate facilities for Men and Women plus a staff changing room. Plenty of storage can be found at the rear of the building with a purpose built annex / shed.
Above the restaurant is a lovely 3 bedroom 2 bathroom apartment. The spacious accommodation consists of a living room, a large kitchen and dining area and a very big, covered, outside terrace / patio. The apartment has great rental potential however it is also ideal for living above the restaurant.
About the area-
Almancil is a small town on the southern shoreline of Portugal in the heart of the "Golden Triangle" enjoying a warm climate all year. It has become an important hub for service providers catering for the needs of two well-established holiday and residential developments nearby - the prestigious areas of Quinta do Lago and Vale do Lobo.
Situated with some of Europe finest golf course and beautiful blue flag beaches all around, there is a large selection of restaurants offering different forms of cuisine. There are also real estate offices, supermarkets, florists, garden centers, interior decorators and furnishing shops, making Almancil an ideal location for holiday makers and to live.
The church of São Lourenço is in the east of the town. It is a great example of Algarvian Architecture, covered with 18th-century ceramic tiles on the inside. Moreover, there is the Estádio Algarve, used in the Euro 2004 football championships.
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.
Nowadays Almancil is a very popular area due to its proximity to the beach, airport, golf courses and the luxury resorts of Quinta de Lago and Vale do Lobo. Almancil acts like a support wing of these resorts providing a large variety of high quality restaurants, shops and other services. You will find here one of the Apolonia supermarkets, as well as the Portuguese chain Pingo Doce supermarket, you will find here Gardening centres with amazingly beautiful plants, furniture shops with all the top brands, car garages, swimming pool shops, and many others. But apart from all this, Almancil attracts visitors with its quaint coffee shops, traditional cobbled streets, local cultural and sport activities, like kizomba and Latin dance classes, a karting centre for friends and family to have fun and so much more. This town is busy all year round and is only 10 minutes away from Quarteira as well as from the Loulé town. A perfect place to enjoy yourself, but also to get your to-do list done when needed.
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