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Imatico : Property for sale in Moncarapacho, Portugal

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Business for sale in Moncarapacho

Business_for_sale_in_Olhao_JNE4873
Restaurant, Cafe, and Guesthouse excellently located - a great business opportunity
Business_for_sale_in_Olhao_JNE4873 Business_for_sale_in_Olhao_JNE4873 Business_for_sale_in_Olhao_JNE4873
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Property Description :
Moncarapacho - Your new Algarvean lifestyle awaits you here! Great business opportunity of restaurant, popular cafe, 7 bed guesthouse, two T1 apartments, and T4 owner's accommodation. The business is being sold fully furnished and equipped so is ready to go. The restaurant at present has +/-200 covers inside, with a further +/-60 covers in the covered esplanade to the front, and +/-60 covers on the rear terrace. There is also a traditional bread oven (working) and BBQ grill to the front of the restaurant. Next door to the restaurant is a popular small cafe with pool

table, and outside terrace to the front, and access to rear terrace and courtyard garden of restaurant. Above the restaurant is a 4 bed (2 en-suite) 3 bath apartment with living room, brick built conservatory with open fireplace, kitchen and office space and parquet flooring. There are also two roof terraces offering superb views of the Serra de Monte Figo. The apartment has private access from the front of the property, and access to the side shared with the

guesthouse and 2 T1 apartments. One apartment occupies the ground floor, and consists of open plan living space. good double bedroom, and bathroom. Views to the garden area. The top (3rd) floor apartment has a roof terrace to thr front, large open plan living space, and very good sized double bedroom. The second floor is the guesthouse, which comprises reception room with entry telephone, hallway tiled in traditional Portuguese style, staff bathroom, and seven individual double bedrooms all with en-suite shower rooms. Two of the rooms share a large balcony, and one has a private balcony overlooking the garden area. Currently the apartments rent out for 50 euros per day or 350 euros per month. Rooms in the guest house rent for 30 to 50 euros per day.

To the side of the property is +/- 2000m2 of off-road parking and garden area. This has been mainly lain to lawn, with flower beds, borders, and numerous mature trees. There is also a pond and fountain with Koi carp.

All euipment and furniture in the public areas is included in the price. Owner's furniture is not for sale.

The property has mains water, drainage and electricity.

The restaurant was built in 1975, and the guesthouse and apartments were added around 1978.

There is the possibility of extending the T4 apartment by adding a 3rd floor (making it a duplex).





Air condition
Cable / Satellite
ADSL
Telephone

Alarm
Balcony
Fireplace
BBQ

Terrace
Garden
Fruit trees
Grass

13
Faro 20 Km
Olhao 8 Km
Beaches

€ 1,125,000
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IMATICO Real Estate in Portugal
Algarve Property:
Vilamoura - Albufeira - Alcantarilha - Algoz - Aljezur - Almancil - Alvor - Pera - Boliqueime - Burgau - Carvoeiro - Castro Marim - Costa Vicentina - Estoi - Faro - Ferragudo - Ferreiras - Gale - Goldra - Guia - Lagoa - Lagos - Meia Praia – Loulé - Luz - Marina de Albufeira - Messines - Mexilhoeira - Moncarapacho - Monchique - Olhão - Paderne - Porches - Portimao - Praia da Luz - Quarteira - Quinta do Lago - S. Bras de Alportel - Sagres - Santa Babara - Catarina - Eulalia - Messines - Silves - St Barbara de Nexe - Bispo - Tavira - Vale da Telha - Vale Do Lobo.
Alentejo and Center Property:
Alcobaca - Arganil - Nazare - Bom Sucesso - Bombarral - Cadaval - Caldas da Rainha - Obidos - Cartaxo - Santarem - Cascais - Coimbra - Coruche - Ericeira - Fatima - Ferreira do Zezere - Ferrel - Figueira da foz - Foz do Arelho - Leiria - Lisboa - Lourinha - Mafra - Marinha Grande - Nadadouro - Nazaré - Ourem - Palmela - Pataias - Pedrogao Grande - Peniche - Porto de Mos - Praia d'el Rey - Rio Maior - S. Bento - S. Martinho do Porto - Sintra - Salir de Porto - Sao Martinho de Porto - Tomar - Torres Vedras - Vila Franca de Xira.
Silver Coast Property:
Alcobaca - Arganil - Nazare - Bom Sucesso - Bombarral - Cadaval - Caldas da Rainha - Obidos - Cartaxo - Santarem - Cascais - Coimbra - Coruche - Ericeira - Fatima - Ferreira do Zezere - Ferrel - Figueira da foz - Foz do Arelho - Leiria - Lisboa - Lourinha - Mafra - Marinha Grande - Nadadouro - Nazaré - Ourem - Palmela - Pataias - Pedrogao Grande - Peniche - Porto de Mos - Praia d'el Rey - Rio Maior - S. Bento - S. Martinho do Porto - Sintra - Salir de Porto - Sao Martinho de Porto - Tomar - Torres Vedras - Vila Franca de Xira.
This site was last updated 27.08.16