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1 Bed Property for sale

Praia da Luz, Praia da Luz, Algarve, Portugal

£297,923 *  [€350,000]

1 Bed Property for sale

Praia da Luz, Praia da Luz, Algarve, Portugal

£297,923 *  [€350,000]

Property Details


  • Bedrooms: 1
  • Bathrooms: 1
  • Habitable space: 52.45 m2

Features


  • Air conditioning
  • Close to the beach
  • Central location
  • Furnished
  • Energy Certificate: C

Full Description


Here is a unique opportunity to acquire the lease (trespasse) of a fully renovated bistro & bar, located in the center of Praia da Luz, just a few meters from the beach. This space stands out due to its prime location in one of the most desirable areas of the region, surrounded by restaurants, cafés, and local shops.

Strategically positioned, the bistro benefits from a steady flow of customers, both locals and tourists, taking advantage of the area's strong commercial dynamics and high foot traffic throughout the year.

The establishment is equipped with a functional and modern bar kitchen, a stylish interior with 20 seating places, and a pleasant terrace with 32 seats, offering a welcoming and inviting atmosphere.

Currently in full operation, it has a team of 4 staff members during the low season and 8 during the high season, ensuring high-quality service and continuity for the new owner.

Established as a gastronomic landmark in Praia da Luz, this bistro & bar presents an excellent opportunity for investors or entrepreneurs seeking a profitable, turnkey business.

For those who value security and stability, the space comes with a 10-year lease agreement, with a monthly rent of 2,000.

Contact us for more information or to schedule a visit and discover this fantastic investment opportunity.

REF: N368 - REF: N368
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This property listing (ref: N368) is an advertisement supplied by Marcela 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 0.8512 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.