One of the busiest Algarve tourist areas with houses built in Moorish style, picturesque winding alleys, lively squares and street musicians. It's an old part of the city, in which the spirit of medieval Portugal can still be felt. In New Albufeira there’s an effervescent nightlife with hundreds of bars, restaurants and discos where during summertime the buzz of various European languages can be heard and one can just join this pleasant atmosphere of cosmopolitan enjoyment.
Restaurant in Albufeira
Plot Size: 782m²
Year Built: 1998
Property Transfer Tax: €20040
Stamp Duty Tax: €3200
Energy Certificate: C
Beautiful restaurant with large terrace and 2 bedroom apartment on the 1st floor in Albufeira.
An excellent opportunity to invest in a charming restaurant with barbecue area, spacious yard along with two-bedroom apartment on the second floor and a car park. The restaurant is located in a popular area with high traffic, near luxury hotels Pedra dos Bicos and Oura Praia Hotel. The Santa Eulalia and Oura Praia beaches are just 900 meters away in the famous district of Santa Eulália, Algarve.
You will find gorgeous little fountains just at the entrance to the restaurant. There is a beautiful landscaped area for cooking food over an open fire, as well as enough space to accommodate outdoor seating . The restaurant hall has two zones: one more family and relaxing near the fireplace and another next to the bar. The Bar and the kitchen are fully equipped. There are utility room and toilets. The air conditioning is installed throughout the property. The two bedroom apartment is located on a second floor with a terrace facing the sunny side.. The excess to the apartment is from the Parking area at the rear entrance of the restaurant.
Santa Eulalia is one of the most popular areas of Albufeira. The nature has created a very unique landscape combining sandy beaches, cliffs and variety of greens. The investment into the area is targeted at different age and class groups. The area is convenient for families with young children, for young couples or just friends as well as those who seek a quite pension and enjoy their time in a sunny and vibrant city.