Great investment project with a wonderful large plot with a detached property w  € 550000

Description

Great investment project with a wonderful large plot with a detached property with habitation and a commercial licence, Ideal for a new restaurant or a B&B. Located minutes from the centre village of Paderne, Albufeira. The property has a 4 bedroom villa, an old restaurant, outside courtyard, fenced plot, garage and outdoor parking. The villa comprising of 4 bedrooms, 2 bathroom, living room with fireplace, several terraces from bedrooms and living room, kitchen with access to a south-facing balcony. Restaurant located on the ground floor comprises of a classic Portuguese bar with wooden stools attached to the bar, spacious dining areas the covers over 100 tables, toilets, kitchen and storage areas. Outside courtyard, which was before used as part of the restaurant with outdoor plants and olive trees, has 2 outdoor bars, 2 sets of outdoor toilets, outdoor storage rooms, outdoor BBQ and bread oven. This courtyard was before inclosed with a canape as a roof, now it canape is no longer there and as it is at the moment there is a metal frames structure which can easily be converted back into a cover canape once again. Behind the courtyard, is a fenced plot with mature plants trees such as banana, orange and lemon trees along with mature plants, to the rear of the plot you find more storage areas along with a water storage tank. Further outside there is plenty of parking places, offering plenty of opportunities to invest, ideal for B&B, restaurant and much, much more. 
Description

Characteristics

General
Property type
Villa
Price (€)
550000
Location
Paderne
Reference number
8026-sv1016-a
Views
12
Interior
Living space
> 250 m²
No. of bedrooms
4 +
No. of bathrooms
2
Financial
Price range
€ 500.000 +

Kaart