Property Reference
2711
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Ocean Side Villa or Apartment Plus Restaurant/Bar in Carvoeiro, Algarve

€950,000

Ocean Side Villa or Apartment Plus Restaurant/Bar for sale in Carvoeiro, Algarve

€950,000

Located in the heart of the thriving fishing village of Carvoeiro, this ocean front property boasts beautiful views.  It is currently configured as a  3 bedroom apartment upstairs and a restaurant/bar on the ground floor.

There is also the possibility of converting this property into a stunning 5 bedroom villa just a few steps from the beach. Alternatively there is the superb revenue generating opportunity of letting the existing fully-equipped restaurant/bar and even the upstairs apartment in this tourist haven.

Apartment

An attractive three bedroom apartment with awesome ocean views is located on the upper level.  All three bedrooms face the sea, while the open-plan living room and kitchen is on the opposite side with patio doors to a wraparound terrace.  The bathroom has a walk-in shower plus bath tub.

Restaurant and Bar

The successful restaurant has an attractive horseshoe shaped bar and plenty of internal room for dining or relaxing. There are two sets of toilets for male and female and also a separate staff toilet in the back.

The fully equipped commercial kitchen is set up and ready to go, complying with Health and Safety measures. The restaurant is fitted with Bose surround-sound speakers. 

The outside terrace overlooks the ocean and beach and is a fabulous entertaining area, with plenty of room for al fresco dining.

The restaurant is fully equipped, including furniture, and ready to operate.  Seating capacity is 24 inside, 30 outside.

This could be rented to generate an income year round while living in the apartment above.

Location

This fantastic property is just steps from the main beach square and beach and is in one of the most desirable locations.

All amenities are a short walk away, as is the daily fresh produce and fish market. It is close to multiple golf resorts and only 10 minutes from an international school.  Faro airport is only 40 minutes away.

 
  •  three bedroom apartment plus restaurant and bar or one large villa
  •  steps from the beach and with views of the sea
  •  spacious terrace
  •  prime location with lucrative business opportunity
  •  possibility to convert to 5 bedroom villa
  •  energy certificate: D
  •  106 m² construction area
  •  170 m² plot area
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HD Video Tour
Reference Number  2711
   
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