This commercial property with residential accommodation is for sale in Boliqueime, situated in a prime location.

The rustic property is currently being used as a 5 star rated Trip Advisor restaurant making this a fantastic investment opportunity.

The characterful restaurant comprises an entrance hallway, a large open space with a feature fireplace, underfloor heating and a bar area complete with a range of fridges. The inside restaurant space is able to accommodate up to approximately 32 people dining. There is a commercial kitchen with a gas oven and stainless steel worktops.

Outside is a charming glass-covered courtyard with seating for up to 16 guests and an outdoor bar.

The restaurant offers a commercial size air-conditioning unit, double glazing and a water filtration system. This floor also hosts a studio with en-suite bathroom.

To the first floor is the residential accommodation consisting of a charming living room with traditional wooden beams to the ceiling and a gas fire. There is a master bedroom with a built-in wardrobes and en-suite bathroom with a double vanity sink, a further double bedroom and a single bedroom. Completing this floor is a kitchenette, family bathroom and laundry room.

Outside the property is a terrace surrounded by a low-maintenance garden with fruit trees. Stairs lead up to a secluded private pool and plant room. There is a self-contained wooden cabin featuring an open-plan kitchen living room, two bedrooms, bathroom and terrace area. Finally, the outside space offers parking for up to six cars.

Boliqueime is a Portuguese freguesia, located in the municipality of Loulé, in the region of the Algarve. Loulé is the largest municipality in Central Algarve and is the perfect place to enjoy festive summer nights such as the Noite Branca (White Night) and the famous annual Carnival.

Mortgage Simulation: Duration Period: 25 years 360 months

Purchase Price: 2,250,000
30% Deposit Down Payment: 675,000
Finance: 1,575,000
Interest Rate: 0.9%
Monthly Payment: 5,864.71
- REF: IDH32793