8200 Albufeira, Portugal
$550,000 / ₿8.860
Property ID:
CR-71361
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.
Prime Location:
– 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.
Unique Features:
– 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.
Investment Potential:
– 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.