Commercial Property for Sale in Portimao

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€177,500 EUR

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Ref 2270386 | Portimao, Faro | Business

Currency services provided by Excel Currencies 177,500 EUR  |  Approx.£152,845 GBP  |  Approx. US$189,961 USD
Bemposta, Portimao, Faro
  • Type: Commercial Property
  • Location: Portimao
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 0
  • Bathrooms: 0

*Reduced from €268,000* Built in 2009, this Pizzeria is a perfect investment opportunity to be enjoyed all year round. Situated between Portimão and Alvor in a residential and touristic area of Bemposta, only a couple of kilometers from the beach. The restaurant is very well frequented as well positioned on social networks. An interior area of approximately 100 m2. Inner capacity 38 clients + 40/50 on the terrace. Ample free parking even in high season. Portimão is the largest city in the western Algarve, and was traditionally a centre for sardine fishing and processing. Today, most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city. Most tourists visit Portimão either for the extensive shopping or excellent public transport but there is a surprising amount to be seen within the city. Alvor is a seaside resort and fishing village in western Algarve. The 16th-­century Igreja Matriz church rises above the old town, while 3 Islamic shrines, evoking the area’s Moorish heritage. Cobbled lanes lead down to the paved riverfront, which is lined with bars and seafood restaurants. The wetlands of the Alvor river estuary provide a habitat for resident and migratory birds.

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