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3 Bed Restaurant for sale

Faro City, Algarve, Portugal

£400,285 *

 [€450,000]

Property Details

  • Bedrooms: 3
  • Bathrooms: 5
  • Habitable space: 242 m2

Full Description

ESTOI TOWNHOUSE
TRADITIONAL TOWNHOUSE WITH A RESTAURANT/ TAPAS BAR, A TWO BEDROOM APARTMENT AND A ONE BEDROOM APARTMENT PLUS BEAUTIFUL VIEWS OF THE COUNTRYSIDE AND THE SEA

LOCATION
The property is located in the popular village of Estoi within walking distance to the Pousada of Estoi Palace and all the amenities. The nearest beaches, the International Airport and city of Faro are both approximately 10 minutes away.
The coastal town of Tavira is 25 minutes driving distance.
There are golf courses 20 minutes away and Spain can be reached within 45 minutes.

TYPE OF PROPERTY
This typical townhouse was renovated recently. It has many traditional features like mini-brick arches in the restaurant’s dining area, wooden ceilings and terracotta floors.
The property is built on four levels and it has a restaurant/tapas bar on the ground floor which consists of a kitchen, large dining area, bar area, storage room, staff bathroom, men bathroom, women bathroom and halls.
The apartment located on the first floor consists of open plan kitchen/living room, 2 bedrooms, bathroom, halls and an outside terrace.
The other apartment is a studio apartment with a bathroom. There is also an attic which can be accessed from both apartments.
The overall size of the construction is 242.00 sq. m.

ACCOMMODATION
Restaurant/tapas bar:
Kitchen - 18.00 sq. m.
Dining area - 55.08 sq. m.
Bar area - 11.39 sq. m.
Storage room - 3.56 sq. m.
Bathrooms hall - 3.53 sq. m.
Men bathroom - 1.68 sq. m.
Women bathroom - 3.41 sq. m.
Staff bathroom - 4.76 sq. m.

First Floor Apartment:
Entry hall - 5.94 sq. m.
Kitchen/living room - 34.18 sq. m.
Hall - 3.02 sq. m.
Bedroom 1 - 10.64 sq. m.
Bedroom 2 - 13.93 sq. m.
Bathroom - 5.15 sq. m.
Outside terrace - 35.92 sq. m.

Second Floor Apartment:
Entry hall - 4.67 sq. m.
Studio - 39.40 sq. m.
Bathroom - 4.13 sq. m.

Attic: - 37.20 sq. m.

GENERAL FEATURES
Wooden doors and windows
Internal shutters on windows
Air conditioning units
Satellite TV
Fully fitted and equipped kitchen
Barbecue areas

COMMENTS
The restaurant is accessible from the main street which is very popular with passing tourists and residents. From the terraces you have beautiful views of the countryside, the Atlantic coast and the village of Estoi. The shops, banks, Post-Office, etc. are within walking distance. Parking is not a problem.
A very attractive property for investment which combine business and accommodation for somebody who is looking for an investment opportunity.

This property listing (ref: TH220) is an advertisement supplied by Aimcliff Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8895 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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