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Properties for Sale, Commercial Property 3 Bedrooms Used, in Monchique, view Field
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Bar / Restaurant 3 Bedrooms Duplex
Portela do Vento, Monchique, Distrito de Faro
Used
buy
260.000 €
RESTAURANT WITH 3 BED HOUSE IN BUSY ALGARVE TOURIST AREA

A charming, very well located Restaurant positioned abutting a busy main route in this beautiful region, which attracts a year round business from the many Locals and Expats living in the popular locale and of course the Tourists that pour into the area during the Summer months. The property is Fully Licenced by the Camara and has been in the same ownership for the past 30 years - the owner is now ready for a well earned retirement. The possibilities here are almost endless, improvements can be made, as and when funds permit - but an easy improvement would be to enlarge the outside eating areas and even increasing the parking areas. The Restaurant is licenced for up to 40 customers and the outside Decked Area, currently takes up to 24 customers. The Restaurant itself has plenty of natural light from its pretty rustic shuttered windows, giving amazing far reaching views. In one corner is a wonderful original Well that at one time was the main water supply for the villagers! The two walls here are in stone and there is a Salamander to keep customers cosy in the Winter. There is a Kitchen (ripe for an update) fitted Bar/Servery that continues the feel of an intimate experience and a set of Customer Toilets. Attached to the Restaurant is a 2/3 Bedroom Owners HOUSE requiring modernisation, but comprising Living Room with corner fireplace, Kitchen, Two Bedrooms and Bathroom on the ground floor, while stairs lead up to a 3rd bedroom with original ’stone beds’ and the option to create further rooms all the way across the Attic area over the restaurant. There are also a number of detached animal buildings in brick/block construction which can be reached from a direct vehicle access from the road. The land has many fruit trees including Lemon (that produces a good crop for the Restaurant,) Oranges, Figs, Peaches and Olives The original building pre dates 1951 and the premises were first licenced in 1994.
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