Algarve, Lagos, Portugal
- PROPERTY TYPE
Workshop
- BATHROOMS
2
- SIZE
753 sq ft
70 sq m
Description
Fully Equipped Turnkey Business Opportunity
Located in the vibrant city centre of Lagos, this fully operational restaurant represents an exceptional opportunity in one of the most dynamic and touristic destinations in the Algarve.
Benefiting from outstanding visibility and a constant flow of both local clientele and international visitors throughout the year, this business is ideally positioned for strong and sustainable performance, particularly during the high season.
The concept also includes takeaway and delivery services, ensuring additional revenue streams and strong operational flexibility.
Property Overview:
Usable area: approx. 70 m²
Spacious and welcoming dining area
Fully equipped professional kitchen
2 customer bathrooms
Excellent overall condition
Ready to operate immediately (no additional investment required)
Lease Conditions
Monthly rent: €1,566 (including 25% withholding tax)
Long-term lease contract valid until 2033
Possibility of renewal agreement (initial 5-year terms available)
Fully Equipped Turnkey Operation
The restaurant is sold fully furnished and equipped with recent (2024–2025) professional-grade equipment, including:
Complete front-of-house setup (POS system, payment terminal, printer, cash drawer)
Refrigeration and cold storage units (gastro fridges & freezers)
Professional cooking equipment (fryers, induction, hob, bain-marie)
UNOX professional convection oven
Extraction system and full kitchen ventilation
Dishwasher and stainless steel workstations
Ice machine and auxiliary equipment
Fully compliant fire safety system
All systems are in place for immediate continuity of operations.
Concept & Brand (Optional)
Registered Portuguese trademark (Go Bao concept)
Established recipes and food concept included
Branding, graphic files, and merchandising assets available
Investment Highlights
This is a true turnkey hospitality business opportunity, ideal for entrepreneurs or investors seeking a ready-to-operate asset in a high-demand tourist location.
Key advantages:
Prime central location in Lagos
Strong tourist + local customer base
Immediate operational readiness
Fully equipped with recent investment in infrastructure
Long-term lease security until 2033
Opportunity
A rare chance to acquire a fully functioning restaurant in one of the Algarve’s most sought-after cities, with strong foundations and clear potential for growth and optimisation.
For more information or to arrange a confidential discussion, please get in touch.
50/50 commission sharing with all agencies.
I speak Portuguese, French, English, and Spanish.
#ref: 157507
Algarve, Lagos, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)40.2 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 157507) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.