Buy cafes/restaurants in Portugal region in Fara city in Lagos

Profitable investment property in Portugal: 132m2 restaurant in Lagos

This well known family run restaurant is ideally located just off the N125 highway with many passing retail outlets, between the popular tourist hotspots of Lagos and Luz. It offers a rare Golden Visa eligible property combined with investment potential. Eligible for the sought-after Portuguese Golden Visa through commercial licensing, herein lies an exciting opportunity to invest in the Algarve's thriving hospitality industry. Figures have already returned to post-Covid levels and dozens of new developments are currently under construction in Lagos and Lusa. The building features a bar area, dining room, spacious beer garden/terrace, exceptional kitchen and an annexe which is currently used for storage but could easily be used as an office, living space or a modest rental option for guests. In a location with good visibility and close to a traffic circle which provides a constant flow of vehicles traveling at low speeds, the location is highly desirable. The N125 is essentially the only road connecting the Western Algarve. Attractions of the West, including magnificent beach towns such as Salema, the rugged beauty and surfer's paradise of Sagres, the wild unspoiled landscapes of the vast national parks and access to the little explored western 'Silver' coast. There is also a development of 10 villas awaiting approval on a parcel of land almost next door, suggesting more local clientele through the doors. Upon entering through the porch, a welcoming bar with charming decor and personality awaits you. Large and airy, with a bar counter and hardwood chairs and cozy tables, this section transitions through the open floor plan into the main dining room. Traditional tile flooring is an original feature and permeates throughout. Also of note are the beautifully crafted wooden ceiling fans that provide a constant cool breeze. An impressive fireplace dominates the far corner of the room, as grand as it is imposing. Three large sliding patio doors stretch along the far side of the restaurant, providing both access to the outdoors and promoting natural light. His and her guest bathrooms are clean, modern and functional. Double swinging doors lead into the stunning huge kitchen. Truly a chef's playground, the equipment and size of the kitchen is truly grand. Fully equipped to a highstandards and with a perfect layout, this kitchen is equipped with all modern conveniences, complete with a state of the art pizza oven and much more. To the rear of the kitchen, there is a vintage style pantry which serves as an exit from the hallway behind the bar, which is invaluable when the bar is full of guests! The kitchen also has door access directly outside to the beer garden/terrace, continuing the practical and uncluttered design of the home. The pleasant beer garden is blessedly sheltered from sunlight for the most part. Tastefully decorated with beautiful floral arrangements and seating layout, there is much to create in this space. At the end of the terrace, a right turn will take you to the courtyard parking, between the wall of the main building and the annexe. Nearby attractions include: - Praia da Luz with its world famous beach is only a 7 minute drive away. - Several beaches within a 10 minute drive - Schools including Barlovento International Primary School and Centro Escolar da luz are within a 6 minute drive. - Supermarkets and other amenities such as doctors, dentists and post offices are just a 6-minute drive from Luz. - The Algarve's 5 world-famous golf courses are a 10-minute drive away. - Sagres, a quaint old town on the edge of Europe, is a 20 minute drive. This is a unique investment opportunity - for more information on the property you can feel free to contact trusted partner Portugal Homes.