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COMMERCIAL

Algarve, Loulé, Portugal

€4,300,000
Portugal Sotheby's International Realty, Vilamoura
PROPERTY TYPE

Bar / Nightclub

SIZE

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Description

Discover a truly unique opportunity in the heart of the Algarve: the iconic Nakofino commercial space, synonymous with prestige, exclusivity, and unforgettable experiences.

Presented exclusively by International Sotheby’s Realty, this property stands out for its history and extraordinary potential for appreciation and profitability.

Opened in 1991, it holds a unique license allowing operations up to 23 hours a day, seven days a week — an exceptionally rare advantage in Portugal.

Set on a 5,000 m² plot, it features a private parking area for 50 vehicles, an elegant entrance, and two large halls over 600 m², ideal for diverse concepts and events.

The space includes two fully equipped bars, a stage for performances, and four restrooms, providing all the conditions for a successful operation or a new flagship concept.

There is also the possibility to build a 400 m² rooftop, taking advantage of the Algarve climate and surroundings to create premium experiences and maximize profitability.

Adjacent to the main building are seven T1 and one T2 apartments, offering multiple rental opportunities, whether through long- or short-term leases, tourist accommodation, or support for the main operation.

More than a property, this is a strategic investment in one of Europe’s most sought-after destinations, where lifestyle, premium tourism, and business opportunities converge.

A property with history. An asset with vision. An investment with future.

Algarve, Loulé, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Portugal Sotheby's International Realty, Vilamoura

Avenida da Marina, Edifício Vila Lusa, loja 5 e 6, lote 2 8125-401 Vilamoura

Artfully uniting extraordinary homes with extraordinary lives

Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Vilamoura (reference 105260033) 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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