€260,000
Traditional restaurant with housing, inserted in land of 3640m2, located in Monchique just 5km from the center of the village, where you can find all services, shops and amenities. Ideal location for those who like to live in harmony with nature, away from the hustle and bustle of the Algarve coast. It is 20 km from Portimão, 35 km from the beaches and 90 km from Faro International Airport.
The rustically decorated restaurant has an area of 113 m2 and consists of a large dining room, a bar, a kitchen, 2 bathrooms and a terrace. The room has capacity for 40 seats and the terrace for about 30 seats, from which there is a magnificent view over valleys and hills. It benefits from a water well inside and a salamander for the coldest days. It has been in full operation for 27 years and has a good customer base. It is next to the road and with parking at the door.
The house, adjacent to the restaurant, has an area of 93 m2 and comprises a living room, a kitchen, two bedrooms, a bathroom and an attic. It is connected to the water and electricity network. Needs recovery works.
The rustic land, with an area of 3640 m2, offers a variety of trees, such as orange, lemon and olive trees, which produce about 1200kg of olives used for the table and for the production of olive oil. It benefits from a water hole, used for irrigation.
If you want to invest in a promising business this could be your chance as the tourist potential of the area and the opportunity for growth are high
Characteristics:
Great potential
Views
5 min from the center
Mains water and electricity
water hole
Water well
Salamander
olive oil production
N/C
other currency
Reference: PN552
Agency: Casas na Hora
This property is near Monchique, in Monchique (district Algarve).
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