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Commercial property for sale in Malhão

In Malhão, Loulé

  • 7
  • 4
  • 391 m2
430.000 EUR

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Commercial property for sale in Malhão

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Commercial property for sale in Malhão

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Commercial property for sale in Malhão

Property Details

  • Reference MI10355
  • Type Commercial property
  • Certification -
  • Bedroom(s) 7
  • Bathroom(s) 4
  • House area 391 m2
  • Land area 11400 m2
  • Zone Malhão
  • City Loulé
  • Region Faro

Description

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Commercial property for sale in Malhão

Restaurant situated in the heart of the Serra do Caldeirão, 30 Km from the coast and about 15 km from the future golf course at Quinta da Ombria. It is just 15 minutes from the motorway A2 (node of Messines) and about 45 minutes from Faro International Airport is located about 525 meters above sea level, making it the third highest point in the Algarve.
This superb restaurant in the shape of a Octagon and stunning views, has a capacity for 68 persons (inside) and so far only served to private parties and is in excellent condition. With the right concept, this could be a real gold mine.
It has air conditioning, pre-installation of central heating as well as a pre-installation to accommodate solar panels on the wide octagonal roof area. Is sold fully furnished and equipped, it has business licence and operating hours. Boasts two large bathrooms, equipped for people with reduced mobility and, on the lower level, are the locker rooms and bathrooms. Is ready to start working at any time.
The restaurant has a very large balcony all around with large French-windows, where we can observe the Algarve which extends down to the sea. It also has a large terrace where you can put several tables and can also serve as dance or reception area during events.
Wide parking space on two levels (1,000 m ² and 700 m ²), with a capacity for about 200 vehicles, as well as shade trees. At the entrance area of the first parking lot, there are two additional bathrooms.
At the bottom of the first level, there is a small accommodation with bathroom for a staff member, or for a couple who works at the restaurant.
The restaurant is housed in a land with 11,422 m ² and is sold as-is (with the exception of works of art exposed there belonging to the owner, a painter). It also has a cistern and a borehole. Within the limits of its 11,000 m ², there is a licensed WWTP for the rejection of domestic and industrial waters issued by CCDRA. (DO-MI10355)

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  • Terrace

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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