It’s a very satisfying feeling to own your own business and be your own boss. It’s even better when that business is in a sunny, warm location such as the Algarve. With the economy picking up once more and the price of property starting it’s slow but inexorable climb again, now is the right time to invest.
With a huge choice of commercial hospitality properties on Meravista, we have chosen a few to whet your appetite.
Situated close to the famous Pink Palace, as the Estoi Palácio is affectionately known in that quaint little town; is a fully refurbished gem of a restaurant. Vaulted ceilings and spot lighting give a cosy ambience in the seating area for 45 persons. A large but convivial bar adds to the atmosphere. And included in the price are two air conditioned apartments above the restaurant; ideal for owners or for holiday rentals or even both.
Here is a charming, fully licensed, bistro with seating for six tables inside as well as an outside dining space overlooking the Gilão river in the beautiful town of Tavira. A fully equipped kitchen and a bar area complete this lovely, rustic-style restaurant. Above the business is a three bedroom apartment with two terraces. A perfect setting in which to live and work.
Sao Bras de Alportel - Easily run and close to town
Within walking distance of the bustling town of São Brás lies a property with six bedrooms, all en-suite and with fitted wardrobes. The building is over a hundred years old and was last refurbished in 1969. Time for a new makeover is due; which would give the new owners the opportunity to put their own stamp on it. Used as a B & B in the past, it could become a beautiful Guest House with the right restoration.
The gardens are well tended and the swimming pool is 8 x 4 meters; this property is not only spacious but has all the furniture included in the sale.
Originally this impressive hotel was an olive press and factory; the hotel retains many of the original features. Listed as a “Character Country Hotel”, set in the beautiful countryside close to Moncarapacho with all its amenities. This is perfect for a year round, diverse business.
The main house features:
Reception
Dining room with open fireplace
Restaurant with terrace
Bar
Twenty three en-suite, double bedrooms
Kitchen
Office with en-suite facility
Guest toilets
The secondary building features
en-suite double rooms
There is a separate area for functions, entertainment and dancing, as well as guest toilets.
There is also a separate two bedroom, one bathroom apartment.
Set in 43,440 m2 of land, with a very large parking area, stunning gardens, 5,000 orange trees and a swimming pool with sun drenched terraces for sunbathing, there’s still space for much more.
It’s not often that a beach front restaurant becomes available and almost never for sale; but here is a large, well maintained restaurant on the beach front and on the market. Seating 50 clients inside and having a terrace that can seat 120 clients outside, with 5 bathrooms, kitchen and storage room; this property, situated in a very popular tourist area, is superb. There are also two garages for easy parking as well as a basement for further storage and it comes fully equipped and furnished.
Tourism has increased substantially in the Algarve according to the Tourist Board statistics and we can expect an even higher turnover in the future. However, with the mild, clement climate that the Algarve has to offer, the winter months are also seeing more visitors here.
Winter golf is big business and is getting bigger all the time with a record amount of bookings up to the end of 2013. It’s worth noting that nowhere in the Algarve is far from a golf course or two.
Hospitality Properties Available in the Algarve
by Sun's Dragon
It’s a very satisfying feeling to own your own business and be your own boss. It’s even better when that business is in a sunny, warm location such as the Algarve. With the economy picking up once more and the price of property starting it’s slow but inexorable climb again, now is the right time to invest.
With a huge choice of commercial hospitality properties on Meravista, we have chosen a few to whet your appetite.
Estói, Faro - A tasty morsel
Situated close to the famous Pink Palace, as the Estoi Palácio is affectionately known in that quaint little town; is a fully refurbished gem of a restaurant. Vaulted ceilings and spot lighting give a cosy ambience in the seating area for 45 persons. A large but convivial bar adds to the atmosphere. And included in the price are two air conditioned apartments above the restaurant; ideal for owners or for holiday rentals or even both.
Price €595,000
To find out more click here.
Tavira, Dining on the waterfront
Here is a charming, fully licensed, bistro with seating for six tables inside as well as an outside dining space overlooking the Gilão river in the beautiful town of Tavira. A fully equipped kitchen and a bar area complete this lovely, rustic-style restaurant. Above the business is a three bedroom apartment with two terraces. A perfect setting in which to live and work.
Price €425,000
To find out more click here.
Sao Bras de Alportel - Easily run and close to town
Within walking distance of the bustling town of São Brás lies a property with six bedrooms, all en-suite and with fitted wardrobes. The building is over a hundred years old and was last refurbished in 1969. Time for a new makeover is due; which would give the new owners the opportunity to put their own stamp on it. Used as a B & B in the past, it could become a beautiful Guest House with the right restoration.
The gardens are well tended and the swimming pool is 8 x 4 meters; this property is not only spacious but has all the furniture included in the sale.
Price €326,000
To find out more click here.
Moncarapacho - An hotel with a
difference
Originally this impressive hotel was an olive press and factory; the hotel retains many of the original features. Listed as a “Character Country Hotel”, set in the beautiful countryside close to Moncarapacho with all its amenities. This is perfect for a year round, diverse business.
The main house features:
The secondary building features
There is a separate area for functions, entertainment and dancing, as well as guest toilets.
There is also a separate two bedroom, one bathroom apartment.
Set in 43,440 m2 of land, with a very large parking area, stunning gardens, 5,000 orange trees and a swimming pool with sun drenched terraces for sunbathing, there’s still space for much more.
Price €1,750,000
To find out more click here.
Quarteira, Loule - Beach front dining
It’s not often that a beach front restaurant becomes available and almost never for sale; but here is a large, well maintained restaurant on the beach front and on the market. Seating 50 clients inside and having a terrace that can seat 120 clients outside, with 5 bathrooms, kitchen and storage room; this property, situated in a very popular tourist area, is superb. There are also two garages for easy parking as well as a basement for further storage and it comes fully equipped and furnished.
Price €600,000
To find out more click here.
Tourism has increased substantially in the Algarve according to the Tourist Board statistics and we can expect an even higher turnover in the future. However, with the mild, clement climate that the Algarve has to offer, the winter months are also seeing more visitors here.
Winter golf is big business and is getting bigger all the time with a record amount of bookings up to the end of 2013. It’s worth noting that nowhere in the Algarve is far from a golf course or two.