Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Restaurant With River Views In Odeleite For Sale

Odeleite, Faro, Portugal
Asking Price:
€699,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

• In Operation
• 294 m² living area
• 30,000 m² plot
• Restaurant with all equipment
• Gas oven
• Two swimming pools
• Project approved for construction of 12 T1 houses

With breathtaking views of the Guadiana River, this project encompasses different investment possibilities. Whether for a residence project, or for business and investment in a rural tourism project. For this last possibility it was developed an architecture project for the construction of 12 T1 houses that is approved by the municipality. The property has a private river dock (for boats up to 70 tons) on the Guadiana River. The total area of the plot is 30,000 m2 and the urban area is 1,040 m2.

The existing restaurant has the capacity for 200 people inside and 300 outside. There are several support areas, such as the bar of the two swimming pools, toilets, shower and other leisure areas and parking.

It has excellent access by the municipal road or through the river quay. It has a borehole and a tank of drinking water of great capacity (22 000 l), with a working system with automatic pump. The property is divided into 3 articles (2 contiguous and 1 separate where the dock is).

There is a mobile home in the upper part of the land (the current home of the house keepers) and the land is ready to start the construction of the 12 villas. More details will be provided on the viewings.

A unique project that can be reached by car or by boat with panoramic views and constant tranquility.

Property Information

Real Estate:

Real Property Included

Location:

• Near the Foz de Odeleite
• 13 km from Alcoutim
• 21 km from the southern beaches
• 62 km from Faro Airport

Premises Details:

• Plot with easy access
• Swimming pool
• Children swimming pool
• Private dock on the Guadiana river
• Working restaurant
• Mobile home support
• Poolside support bar
• Water tank 20.000l
• Main entrance gate
• Pergola for several cars
• Project approved for 12 T1 villas
• Possibility of increasing the number of villas
• Borehole and irrigation system
• Lake
• Terrace
• Sanitary facilities
• Mains water, electric and drainage

Business Operation

Trading hours:

Restaurant currently operational.