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Bar for sale

Lagos, Lagos, Algarve, Portugal

£757,378 *  [€870,000]

Bar for sale

Lagos, Lagos, Algarve, Portugal

£757,378 *  [€870,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 2
  • Plot size: 77.5 m2
  • Habitable space: 77.5 m2

Features


  • Alarm
  • Double Glass
  • AC

Full Description


Excellent opportunity to acquire a profitable and fully operational business in the Algarve.
Features
- Restaurant and bar establishment has been in full operation for more than 15 years, benefiting from a loyal clientele
- Includes a restaurant area, a fully equipped bar, two large outdoor terraces and an exclusive rooftop with a bar area
- Offers panoramic views over the village of Odiáxere and the Serra de Monchique
- The versatility of the property allows for private events, live music and differentiating concepts of catering and entertainment
Surroundings
- Located in the centre of Odiáxere, an Algarve village just minutes from Lagos
- It benefits from a strategic location, with good access, parking nearby and proximity to the beaches
- The surroundings combine the tourist dynamism of the Algarve with the authenticity of a local community active all year round
Strengths
- Consolidated business up and running immediately
- More than 15 years of activity and local recognition
- Loyal clientele and permanent tourist flow
- Exclusive rooftop with high potential for appreciation
- Two outdoor terraces that expand the operating capacity
- Excellent potential for events and profitability, privileged location next to Lagos and the main attractions of the Algarve
A rare opportunity for investors looking for an asset with immediate return and high growth potential in one of the most valued regions of Portugal.
#ref: VC202
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This property listing (ref: VC202) is an advertisement supplied by Mimosa 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.