- Type: Commercial
- Style: Commercial
- Lot Size: 600 sq. m.
- MLS #: AO-COM-SC-0005
Huge beachfront restaurant and bar for sale in Portimao
Region: Algarve – South Portugal
1 minute walking time to the beach (beachfront);
2 minutes driving time to the center of Portimao;
2.5 hours driving distance to the international airport of Lisbon;
45 minutes driving distance to the international airport of Faro.
Property type: Restaurant and beach bar + possibility of extension.
Plot size: approx. 600m2.
Total constructed area: approx. 500m2 on one level (including the 2 esplanades).
Main building: approx. 300m2 (in 3 levels – total of 900m2).
Each esplanade (covered outside sitting area): 100m2 (total 2 esplanades 200m2).
Status: In activity.
Total levels: 3 (including top).
Reason for selling: The father has died.
1 esplanade with 120 pax on the front (facing the beach);
1 esplanade with 120 pax on the back (facing the beach);
Interior restaurant with 80 pax and bar area.
Huge space which was the other restaurant and the kitchen. For the moment this space is not used due to the circumstances of the actual owners.
Possibility to create a cocktail bar.
Fully equipped kitchen and working areas.
Fully equipped frozen areas.
Fully equipped bar, restaurant and outside sitting areas.
Business in full activity.
Possibility to double the income through extension to the second floor and the top floor.
Brokers personal note:
The type of commercial property which is very difficult and rarely on the market. The property is sold half price of its value due to the emergency of the actual owners who are not so familiar with the business and are overcharged. A great seafront business in Portugal’s tourist main spot, the Algarve.
- Hood Fan
- Oven Range
Information is deemed to be correct but not guaranteed.