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Well Known Bar-SOLD!

In Almancil, Loulé

125.000 EUR
Sold

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Well Known Bar-SOLD!

Property Details

  • Reference YAP125
  • Type Villa
  • Certification -
  • Bedroom(s) -
  • Bathroom(s) -
  • House area -
  • Land area -
  • Zone Almancil
  • City Loulé
  • Region Faro

Description

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Villa for sale in Almancil

Quaint Expat Bar in an excellent location within walking distance of the famous Old Town Albufeira and beaches. Great passing trade, car parking in the area, main road frontage.
Cosy Bar area of approx. 35 square metres with outside seating. Tiny snacks kitchen to prepare sandwiches, soup, burgers etc. Well furnished Bar and Servery, good toilet facilities.Excellent wet sales, current owner has built up good clientele over 22 years, local expatriates, repeat visiting tourists, holiday makers to this popular area of the Algarve. Unique opportunity to obtain freehold – good possibility to rent premises to tenant.
Sadly one of the partners has just died and this Bar must be sold quickly. Available to new owners immediately.


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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 90% 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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