Agent:
Quintalake - Land & Real Estate Agents

Reference: QL103
Price: 495,000 EUR

MONCHIQUE

MONCHIQUE

COMMERCIAL

This is a unique “one off” opportunity to purchase in perhaps the one of the most sought after business locations in the Algarve. Situated on the main Monchique Road this total property generates a very healthy income and has the benefit of a particularly pleasant open plan apartment with three bedrooms, kitchen, 2 bathrooms and terraces with outstanding views.
The commercial potential of the property can be considered as two-fold.
The restaurant has a total of 160 covers, forty are inside as a very attractive 120m2 Portuguese style restaurant with bar and spacious dining area. The remaining 120 enjoy outside eating with stunning views of the Monchique countryside and distant sea views.
The adjacent 70m2 shop could be used for multi purpose usage including an artists studio, souvenir shop, workshop etc.

  
  

•2 floors
•Location: Just outside town
•1990 construction
•Rustic & private garden
•3 bedroom apartment on 1st fl.
•Fully equipped restaurant
•Stunning views
•2 bathrooms in apartment
•Regular clients & coaches
•Survey done in May 2005
•Fully fitted kitchen
•70m2 souvenir shop
•Roof terrace
•Mains & borehole water
•120 covers
•Extention possiblities
   

Quintalake - Land & Real Estate Agents
Ed. Macgregor, Estrada da Galι, Vale de Parra - 8200 - 428 Guia - Nr, Albufeira - Algarve - Portugal

Tel: +351 289561576/577      Fax: +351 289 561578     Email: properties@quintalake.com;quintalake@hotmail.co.uk