Portugal - Multi-Use Property with Restaurant and Apartment

Discover a commercial investment opportunity in Portugal with a restaurant, café-bar, mini-market, and a modern 3-bedroom apartment. Priced at €580,000, this property promises multiple business opportunities along with comfortable living arrangements.

Total Area and Prime Location
Spanning approximately 2,000m², the property includes a large private parking area that extends to a bustling street. This high-traffic location ensures excellent visibility, accessibility, and a steady flow of potential customers.

Restaurant
The restaurant, capable of seating around 100 guests, is fully outfitted with:
A well-equipped bar for smooth and efficient service
A spacious, modern kitchen ideal for diverse culinary preparations
Various storage rooms to house all necessary supplies
An internal licensed charcoal grill with an industrial extractor hood
Additional flexible-use rooms

Café-Bar and Mini-Market
Adjacent to the restaurant is a cozy café/bar and a typical mini-market. The mini-market caters to local needs, offering a variety of products that boost daily customer visits and provide an additional revenue stream.

The Apartment
Situated on the first floor is a recently renovated, modern 3-bedroom apartment featuring:
Three spacious bedrooms
A contemporary bathroom, kitchen, and living room
A terrace perfect for relaxation and enjoying the surroundings

Profitability and Operating Costs
The property is equipped with five photovoltaic panels, reducing electricity costs by approximately €90 per month. The operating costs are manageable, including:
Electricity: €500-600 monthly
Water: €50-60 monthly
Property tax: €400-500 annually

Revenues
The property generated an annual revenue of around €220,000 in 2023. The restaurant operates on a limited schedule, closed on Mondays, and serves only lunch from Tuesday to Thursday and on Sundays, with both lunch and dinner available on Fridays and Saturdays. This leaves ample room for expanding operations and increasing revenue.

Conclusion
This versatile property offers an excellent investment for entrepreneurs and investors. With its prime location, multiple usage possibilities, and attractive revenue potential, it stands as a remarkable opportunity in the commercial and residential property market.

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Here are our websites:
https://villasluz.pt/ (here you will find the property)
https://villasluz.com/ (under refurbishment)

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