$1,973,755 / ₿71.454
8200 Albufeira, Portugal
$550,000 / ₿19.911
Welcome to our presentation for a charming Bar with a totally new and very successful international concept. Located in the heart of Albufeira, Portugal, in one of the most sought-after tourist areas, Santa Eulalia and The Strip. This commercial property offers an outstanding opportunity for entrepreneurs and investors seeking to capitalize on the thriving tourism industry in the region.
– Situated Close to Beaches: The property is just a stone’s throw away from the pristine beaches of Albufeira, attracting a constant flow of beachgoers and holidaymakers throughout the year.
– Surrounded by Hotels: Numerous hotels in the vicinity ensure a steady stream of potential customers, providing a built-in customer base for any business.
– Busy Pedestrian Area: The building is strategically located in a bustling pedestrian area, guaranteeing high footfall and exposure to passing tourists and locals.
– High Traffic Volume: The location experiences a high volume of foot traffic, presenting an excellent opportunity to attract and cater to a diverse range of customers.
– Exquisite Interior Design: The bar within the property has been tastefully decorated to create a cozy and welcoming ambiance, ensuring a delightful experience for the discerning clientele.
– Al Fresco Terrace: The property boasts an inviting al fresco terrace, perfect for offering patrons an outdoor dining experience or relaxing in the pleasant Algarvian climate.
Underground Level: In addition to the main floor, the property features an underground level with a second bar and a snooker area, providing additional space for entertainment and diversifying offerings.
– Potential for Versatile Business Model: The multi-level layout opens up opportunities to create various entertainment concepts, such as music events, themed parties, and private gatherings.
– Lucrative Tourism Industry: Albufeira is a renowned tourist destination, drawing visitors from across the globe. Investing in this prime location ensures exposure to a constant flow of potential customers.
– Diversified Revenue Streams: With two floors and an al fresco terrace, the property allows for versatile revenue streams, maximizing income potential throughout the year.
– Increasing Property Value: Albufeira’s popularity as a tourist hub and the scarcity of commercial properties in the area contribute to the potential appreciation of the property’s value over time.