Alvorada Restaurante bar Photos

750 000 €

Estimated Mortgage

Restaurant on Ria de Alvor

Portimão (Algarve), Alvor (Algarve)

Reference: C0240-02091

Energy certificate:

Restaurant in excellent condition, fully equipped and ready to work.
A space of excellence with an incredible view of the Alvor estuary.
Consisting of basement, ground floor, 1st floor and terrace with 141m2 of gross private area, 87m2 of gross dependent area and 82m2 of implantation area.

Alvor, a former fishing place and currently an internationally renowned tourist center, has benefited greatly from the development of the region in this area of ​​economic activity. The requalification of the riverside area of ​​Alvor completely changed the physiognomy of that area which has come to be considered as an important leisure area in the region.

Alvor has been the subject of a great development in the last decade. The demand of the village for tourism has been increasing and the capacity to respond in terms of hotel infrastructures has been growing with quality standards, which have been imposed at increasingly demanding levels. It is also important to note that some of the greatest national and international hotel groups operate on the outskirts of the village, on average 1 to 2 kilometers away from the center.
Great business opportunity.

  • Price:  750 000 €  
  • Status: For Sale
  • Gross Area:  141 m2
  • State: Excellent
  • Energy certificate: C
  • River (20m) - ria de Alvor
  • Ocean (700m) - Praia de Alvor
Estimated Monthly Payment

750 000 €

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