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Commercial for sale

Albufeira, Algarve, Portugal

£1,479,934 *  [€1,700,000]

Commercial for sale

Albufeira, Algarve, Portugal

£1,479,934 *  [€1,700,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 4
  • Plot size: 302 m2
  • Habitable space: 283 m2

Features


  • Double Glass
  • Garden
  • Energy performance certificate – B

Full Description


A RARE OPPORTUNITY IN ALBUFEIRA !
Discover this unique commercial space of approximately 300 m², spread over 2 levels, featuring a beautifully arranged outdoor terrace, a rooftop with views over the rooftops of Albufeira, and a charming natural cave offering the possibility of creating a truly unique wine cellar or wine-tasting area.
Located just a short distance from Albufeira's main street, in a highly frequented area and at the heart of one of the Algarve's most vibrant nightlife destinations, this property benefits from a strategic location for developing a restaurant, bar, lounge concept, or any other commercial project with a strong and distinctive identity.
EXCEPTIONAL POTENTIAL FOR A UNIQUE CONCEPT !
The property offers numerous features that make it possible to create a tailor-made project :
- Approximately 300 m² spread over 2 levels
- Professional kitchen
- 2 indoor bar areas
- 1 rooftop bar area
- 4 toilets
- Storage and utility areas
- Beautifully arranged and shaded outdoor terrace
- Rooftop with views over the rooftops of Albufeira
- Natural cave that could be converted into a wine cellar, wine-tasting area, or private room
The premises require some renovation work and partial refurbishment, giving the future buyer the opportunity to rethink certain areas and create a venue fully adapted to their own concept and identity.
A SPACE WITH ENDLESS POSSIBILITIES !
Mediterranean restaurant with terrace, cocktail bar, wine bar with tasting cellar, rooftop lounge, entertainment venue, or hybrid concept: the layout of the property offers a wide range of possibilities.
The variety of spaces allows for the creation of a truly immersive experience, combining conviviality, character, and originality.
A HIGH-POTENTIAL OPPORTUNITY !
Thanks to its location, size, and unique features, this property represents a particularly attractive opportunity for a restaurateur, investor, or entrepreneur looking to develop an original destination in one of the Algarve's most dynamic areas.
A place with real soul, offering an exceptional foundation for bringing a unique concept to life and creating a memorable and unmissable destination in Albufeira.
Come and discover it in person to fully appreciate its potential.
Contact us for further information or to arrange a viewing.
NOTE : Photos enhanced using AI
Hometown - Commitment, Transparency and Real Estate Excellence
Since 2018, Hometown has established itself as a benchmark in the property sector, standing out for its sustained growth and the trust of our clients. Our team acts with professionalism and dedication, maintaining a working environment based on co-operation, transparency and ethics.
Why choose Hometown?
Personalised and close follow-up, from the first visit to the after-sales service
Experienced team focused on offering solutions tailored to your needs
Recognition in the sector, with two real estate awards won in 2024
Unwavering commitment to customer satisfaction
At Hometown, we don't just sell property - we create lasting relationships of trust. Contact us and discover a property service tailored to your expectations.
Energy Rating: B
#ref: HTP-1111
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Map may not show exact location

This property listing (ref: HTP-1111) is an advertisement supplied by Hometown 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 0.8705 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.