Algarve, Olhão, Portugal

Inserted in a strategic area of Olhão, next to the Secondary School and surrounded by a strong residential component, this commercial space stands out as a solid opportunity to develop a business in the restaurant or cafeteria area.
With a history of operation as a café/restaurant over several years, the place has benefited from a regular operation and a regular clientele, factors that demonstrate its potential and stability.
The departure of the current owner, motivated by new projects outside the sector, now allows entry into a space that is already prepared and operational, avoiding high initial investments and lengthy installation processes.
The property is marketed with its contents included, including essential equipment such as chests and refrigerators, display cabinets, professional coffee machine, oven, billing system, as well as complete furniture for service.
The indoor area accommodates about 30 seats, complemented by a terrace with capacity for approximately 20 people. It also has sanitary facilities for customers and a bathroom reserved for employees, ensuring a functional organisation on a daily basis. The surroundings ensure a continuous affluence throughout the year, driven by the proximity of housing, school community and various services, making this space versatile for different concepts from a traditional café to more current solutions such as brunch, pastries or take-away service.
There is the possibility of acquiring the property for €199,000, or alternatively through transfer in the amount of €40,000, with rent in the amount of €500.
For purchase, the financing option is also available, with an initial down payment of €40,000, with monitoring in the credit process.
Energy Rating: C
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