Premium New development

Commercial for sale

Albufeira, Algarve, Portugal

£526,316 *  [€630,000]

Commercial for sale

Albufeira, Algarve, Portugal

£526,316 *  [€630,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 1
  • Plot size: 1080 m2
  • Habitable space: 248 m2

Features


  • Double Glass
  • Energy performance certificate – E

Full Description


Algarve, Faro Albufeira, Olhos D'agua building with restaurant and bar with accommodation.
Building composed of two floors where on the ground floor there is a restaurant and Bar with License, fully equipped and furnished in operation and on the top floor a T2 apartment comprising kitchen, lounge, 2 bedrooms with wardrobes, bathroom and two balconies.
The house is located on a plot that also allows for a mini vegetable garden, has space for customers' cars and a closed garage on the side.
The building is located next to the Albufeira-Quarteira road, with easy and convenient access, with excellent parking for customers, the location is very good for developing a commercial activity.
The Albufeira - Vilamoura axis access road is one of the busiest in the Algarve throughout the year, both for residents and tourists of all nationalities, this being an extremely important factor for the commercial quality of the building.
The composition of the building is ideal for those who want to work on their own business with housing together and thus better be able to dedicate themselves to it.
Albufeira is the municipality in the Algarve with the highest number of tourist beds and the one in which the occupancy rates of hotel units and local accommodation beds is the highest, an area where seasonality is less felt. For this high occupancy value, the good road and communications infrastructure, collective public facilities, good diversified commercial units, magnificent beaches and the central location in the Algarve, about 30 minutes from Faro international airport, contribute greatly to this occupancy rate.
Good real estate investment
Energy Rating: E
#ref: CO-16 (PR-008)
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This property listing (ref: CO-16 (PR-008)) is an advertisement supplied by NOVUSMED and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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