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COMMERCIAL

Algarve, Albufeira, Portugal

€1,250,000
Divine Home, Portugal
PROPERTY TYPE

Commercial Property

BATHROOMS

4

SIZE

1,281 sq ft

119 sq m

Key features

  • Business for sale
  • Poolbar
  • Restaurant
  • Prime location
  • Galé
  • Albufeira

Description

A rare opportunity to take over a well-known and fully set-up business in Albufeira, in the Algarve. The property is only a short walk from the beach and the Atlantic Ocean. It offers a complete ready-to-use concept with bar, restaurant and large outdoor leisure areas. This is a place that is already working as a social and relaxing destination, with strong potential to grow further.

The business
This business is built around a large and attractive pool area that naturally brings people together. It is designed for both calm daytime use and busy evenings with food, drinks and entertainment.

Inside and outside you will find:
- Around 150 seats
- A fully equipped professional kitchen
- Outside bar
- 3 customer toilets and 1 service toilet
- Basement storage room for practical daily operations
- A swimming pool with a separate children’s area
- A mini-golf course
- A green and open leisure space for guests

The pool area is the main focus of the business. It creates a relaxed and social atmosphere where guests can spend the whole day. There is also a bar and restaurant already in place, ready to operate immediately. The concept can be continued as it is or developed further with your own ideas.
Families are well served with a children’s playground, and the full setup makes it suitable for tourists, locals, and events. Everything is in place to start operating without delay.

The area
The property is located in one of the most popular areas of Albufeira, close to the well-known W Algarve hotel. The beach and sea are within walking distance, which makes the location very attractive throughout the year.
This area is busy with tourism, especially in summer, but also has strong local activity. Guests can easily reach restaurants, hotels, and entertainment spots nearby. The combination of location, visibility, and foot traffic makes this a strong commercial point in the Algarve.

In short, this is a ready-made business in a premium location with high daily appeal and clear potential to grow even more.

REF: SVP2572

Algarve, Albufeira, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    17.1 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Divine Home, Portugal

Do you like a property and are you considering purchasing it in Portugal?

With the 7 steps below you can complete a succesful purchase in Portugal:

1. Location - decide the area that you want to be in

2. Properties - make a selection of properties or choose an agency in Portugal that helps you find the right properties. This agent can also accommodate you on all viewings. Always choose an agent with an official AMI-license number in Portugal. We are happy to explain more about the buying service.

3. Viewings - once you have booked your flights, pre-book the viewings for the properties you wish to see. If you choose a buyer agent to work for you, the agent can schedule all visits for you.

4. Offer - when you have found the right property, you put in an offer to come to agreement with the seller

5. Choose the right lawyer - when purchasing in Portugal it is important to have a good, trustable, communicative lawyer. The lawyer is your legal advisor on the purchase.

6. Sign a promissory contract; onceit is important that this contract contains all the necessary conditions for you. When signing this contract the purchase is legally binding under the conditions of the contract. In the contract the date for the title deed at the notary is mentioned; this is the moment where you will receive the keys and become the owner of the property.

7. Title deed - before going to the notary to sign for the title deed, it is advisable to check the house on the day of the title deed and write down the meter readings to have all utility contracts being transmitted from the vendor to yourself. This avoids being disconnected which can take 2-3 weeks to get connected again to water or electricity.

Do you want help in finding the right property for you? We are happy to explain to you how we can help. Navigating a foreign market is easier with a local expert on your side.

Contact us via the phone number(s) or email address shown on the page and we will help you find your dream home purchase successfully!

Divine Home – with 4 offices spread in the Algarve and the Alentejo

AMI-license: 11606

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Divine Home, Portugal (reference 61491_SVP2572) 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.

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