ALBUFEIRA - OPPORTUNITY of a SEA FRONT COMMERCIAL BUSINESS !!!
510 000 €
This is a business opportunity of a lifetime and now is the time to invest !!! When Albufeira city is rising to her feet, gaining her full strength as a tourist resort and returning to the popular holiday destination it was known as, before the pandemic. This business premises is licensed as a restaurant and is located on the sea front only a few meters away from the escalators down to Fishermans beach, beholding a view of the Atlantic Ocean that will take your breath away.
It´s sea front prime location is priceless, situated on the small road with conditioned traffic, that only permits access to residents, deliveries and the tourist train, connecting Inatel and the Flag pole at Fishermas beach. There is a constant passing of tourists and potential customers on foot walking by, making their way to and from the beach or old town and it is without doubt a dream spot to open your new business with an enormous potential.
The property will need remodelling maybe some renovations. It has an interior area of around 71m2 with a covered terrace incorporated in the building itself with around 10/15m2 and there is also the outside pavement which can be used as an open air terrace of around 15/20m2.
There are 3 water-borne sanitary installations on the ground level and a spacious cellar in the basement underground.
It was originally a very popular Madeirense Restaurant with a seating capacity of 60 plus people entertaining a constant and very busy trade of customers old and new !!!
It is currently divided into 2 spaces with a removable wall, 1 being a snack bar, the other a resting area and it can be sold with a legal Portuguese activity / company which could bring certain advantages when transferred to a new investor.
This is an enormous business opportunity in one of the most privileged areas of Albufeira, the capital of Tourism in the Algarve, right in front of the sea, where you can make your business dream come true !!!
Book your viewing today !!!
- Disabled Access
- PVC Windows
- Price: 510 000 €
- Status: Used
- Gross area: 75m2
- Bathrooms: 1
- Construction Year: 1980
- Parking: 2
- Energy Certificate: B-
- Reference: C0205-05183
- City View (0m) - Old Town Albufeira
- Ocean View (0m)
- Ocean (10m) - Praia de Inatel / Pescadores
- Sea (50m) - ALANTICO
- Historic Area (50m)