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Almancil – Bistro Bar

In Almancil, Loulé

85.000 EUR

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Almancil – Bistro Bar

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Almancil – Bistro Bar

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Almancil – Bistro Bar

Property Details

  • Reference YAP208
  • Type Commercial property
  • Certification -
  • Bedroom(s) -
  • Bathroom(s) -
  • House area -
  • Land area -
  • Zone Almancil
  • City Loulé
  • Region Faro

Description

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Commercial property for sale in Almancil

A great opportunity to buy a life long lease Internet Cafe and Sports Bar in busy Almancil. This business has an excellent cashflow, with accounts available to serious purchasers.
The Lounge Bar is equipped with upholstered bench seating, bistro tables and chairs for 35 covers, several tv screens mounted on walls, a pool table,and small terrace outside with a further 20 covers. The compact galley kitchen is well equipped and has a dishwasher, 3 microwaves, 2 fridges, 3 freezers, 2 ovens and a gas hob.
Serving traditional home cooked Pub meals, sandwiches and snacks, the Bar has a good local reputation with expat residents enjoying specialities each day, theme and quiz nights. An active social centre for the local community and a thriving business for many years, this is an excellent venture for those interested in catering.
The rent is extremely low at approx. Euros 315 per month, and the lease and business is registered as a Portuguese Company with the normal tax advantages. Licensed from 7am until 2am the owner chooses to open from 11am until 11pm – this business offers new owners the potential to increase turnover with longer opening hours.
Viewing by appointment only – phone Morag on 91 4209965 to arrange viewings.


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Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 80% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

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