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Selling price
250 000,00 €Property
CommercialState
Good ConditionSurface
45 m²Construction
1983Furniture
FurnishedNestled in the beautiful town of Praia da Luz, a fantastic business opportunity presents itself with the availability of a cozy establishment that could be transformed into any business one might desire. This, recently refurbished, space is situated in an excellent location, with quick and convenient access to all the town has to offer. Measuring about 45 square meters, the physical space is well-designed and the layout is particularly appealing, with two separate, well-appointed toilets, a functional kitchenette, and an adjoining storage closet. This property also currently has a terrace license allowing you to take full advantage of the exterior space in front of the bar. These features make it easier to manage and run any business venture, from coffee shops to bars to small retail shops to offices. This bright and cozy space has limitless potential for expansion and growth, perfect for anyone looking to establish a business, invest in the prime location, and develop a bustling hub in the heart of Praia da Luz. Its convenient location, numerous features, and charm make it an extremely desirable space that offers a lucrative opportunity for anyone looking to own their own business. With this establishment, one can take advantage of the constant influx of visitors to the town, an eager market ready and waiting to be captivated by the excellent services and products on offer.
Read moreExplore the comprehensive specifications of this property. From its spacious layout to the finest features, every detail has bee carefully designed to meet your needs. Find precise measurements, room breakdowns, and annual fees to help you make an informed decision.
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Discover everything this property offers to enhance your living experience.
Praia da Luz is a charming seaside village in the Algarve, known for its golden sandy beach and crystal-clear waters. With a relaxed atmosphere, it offers stunning coastal views, traditional restaurants, and a scenic promenade. Perfect for families and couples, Praia da Luz combines natural beauty with modern comforts, making it an ideal destination for a peaceful getaway while still being close to the vibrant town of Lagos.
Read MoreCapital Growth Potential
Properties in this area show a consistent history of appreciating in value over time.
Rental Yield Potential
Rental properties in this area typically provide owners with a steady monthly return on investment.
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Luz, Faro