Bar  in Luz
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Bar  in LuzBar  in Luz
€500,000

Bar in Luz

  • New
  • 2 bedrooms
  • 172 m² gross area
  • 19 m² of land
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Description

Premium Commercial Space | Praia da Luz | Excellent Investment Opportunity Invest in one of the Algarve's most sought-after commercial locations. Located in the heart of Praia da Luz, one of the Algarve's most prestigious and desirable coastal destinations, this outstanding commercial property presents an exceptional opportunity for entrepreneurs, investors and brands looking to establish themselves in a thriving location with a strong flow of residents and tourists throughout the year. Boasting a strategic location and a commercial licence allowing a wide range of food production and hospitality activities, this property offers the perfect combination of versatility, investment potential and long-term value. Currently licensed for the production, sale and retail of bakery and pastry products, the premises are ideally suited for a variety of business concepts, including: • Artisan Bakery • Specialty Coffee • Brunch Café • Restaurant • Wine Bar • Delicatessen • Gelateria • Patisserie • Gourmet Concept • Or virtually any food and beverage business. With a usable area of 124.29 m² and a gross built area of 133.30 m², the property comprises: - Spacious customer service and dining area; - Independent production kitchen; - Storage room; - Pantry; - Three bathrooms (two for customers and one for staff); In addition, the property includes a range of professional production equipment already installed, significantly reducing the initial investment required to launch a new business. An Excellent Opportunity for Investors The property is currently let, making it an attractive option both for those seeking an immediate income and for those wishing to develop their own project once the tenancy ends. Viewings are strictly by prior appointment to ensure the normal operation of the existing business. Why This Property Stands Out? - Prime location in Praia da Luz - Strong residential and tourist demand throughout the year - Licensed for the production and sale of bakery and pastry products - Highly versatile space suitable for a wide range of hospitality concepts - Production equipment included - Excellent capital appreciation potential - Ideal for both owner-operators and investors A Rare Opportunity Commercial properties of this quality and location are becoming increasingly difficult to find in Praia da Luz. Whether you are looking to establish your own business or secure a solid investment in one of the Algarve's most desirable locations, this property represents an outstanding opportunity. Schedule your viewing today. For further information or to arrange a private meeting, please get in touch. *50/50 commission sharing with all licensed real estate agencies. *I speak Portuguese, English, French and Spanish.

Ref: 165517

Characteristics

  • 2 bathrooms
  • Built in 2008

Others informations

Price details

Property price
€500,000
Price per m²
€2,907 / m²

Energy performance

Energy performance diagnosis

  • C

Luz, Luz

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