$868,380

Restaurant & Private Residence Near Caldas Monchique Spa

  • 2 Beds
  • 4 Baths
  • 4,360 Sqft
  • 2.15 Ac lot
  • Updated: July 24
  • 1
    Views for last 30 days

About the Property

Discover this exceptional property in the heart of the Monchique Mountains, Algarve, where nature, lifestyle, and business potential come together.

The property combines a fully established restaurant on the ground floor with a private T2 apartment on the upper floor featuring a spacious outdoor terrace, creating an ideal opportunity for entrepreneurs, investors, or anyone looking to live
Discover this exceptional property in the heart of the Monchique Mountains, Algarve, where nature, lifestyle, and business potential come together.

The property combines a fully established restaurant on the ground floor with a private T2 apartment on the upper floor featuring a spacious outdoor terrace, creating an ideal opportunity for entrepreneurs, investors, or anyone looking to live and work in one of the Algarve’s most beautiful mountain settings.

The restaurant is one of the best-known dining destinations in the Monchique Mountains, with a loyal customer base and an outstanding reputation. It is ready for someone to continue its successful legacy while adding their own vision.

Bordering a peaceful natural stream, the grounds provide a tranquil retreat for both guests and residents. The generous outdoor space also offers exciting opportunities for future tourism projects, including glamping, eco-retreats, or boutique accommodation (subject to the necessary approvals).

Property Highlights

* 405.3 m² built area
* Established restaurant on the ground floor
* Private 2-bedroom, 1-bathroom apartment with large terrace
* Spacious garden with mature fruit trees
* Barbecue area, porch, and basement
* Land bordering a natural stream
* Excellent potential for glamping or other tourism projects
* Panoramic mountain views
* 3 minutes to Caldas de Monchique
* 15 minutes to Portimão

A rare opportunity to acquire a renowned restaurant, private accommodation, and a unique property offering exceptional lifestyle and investment potential in the Algarve.

Schedule your private viewing today!
  • Property type

    Other

  • Year built

    2003

  • Price/sqft

    $199

Features

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Lot

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Outdoor

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Sítio do Pocilgais 1.º Andar, Monchique, Algarve, Portugal View on Google Maps
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CENTURY 21 Forever Homes

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CENTURY 21 Forever Homes
Portugal
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11
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2024
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CENTURY 21 Forever Homes
Portugal
View agency profile
Last updated
July 24
First listed
Apr 17
Listing reference
C0531-00043
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