BUSINESS OPPORTUNITY | 3 COMERCIAL SPACES NEAR PRAIA DAS CABANAS, PRAIA DA LUZ FOR SALE - LAGOS


1,000,000
NOTIFY ME OF PRICE CHANGES
  • #1088 Reference
  • Beds
  • Bath
  • 52 m²Built
  • m²Plot
  • 1984 Built Year

Gallery

This renovated Bistro is located in Praia da Luz, just a short walk from the shoreline of the Praia das Cabanas.

The interior has been redesigned for functional clarity. The contemporary bar and kitchen support efficient operations without feeling generic. Indoor seating for about 20 guests with total of 54+6 seatings is complemented by a larger terrace, where the atmosphere changes with the light and season. This setup allows flexibility to meet varying demand, especially in a coastal location where outdoor space is highly valued.

Foot traffic follows both regular and seasonal patterns. While tourism is important, the business also benefits from local customers, who provide a stable year-round base. The current operation is active and well-maintained, providing a foundation that a new owner can continue or adapt to their strategy.

For investors, this property may appeal to those seeking a hospitality venture within an established local economy. While it offers the potential for a turnkey operation, success will depend on management, market positioning, and adaptability to changing consumer preferences.

Accessibility enhances the location’s practicality. Lagos is a short drive away, and Faro International Airport is about an hour’s drive via the A22. These connections support logistics and customer access, though their impact may vary.

Property Features

The property is in a prime spot, furnished, operational, and equipped with air conditioning, mains water, electricity, and fibre communications. The energy certification is rated C, which may interest those focused on efficiency.

Interested?

Get in Contact with our LiveAlgarve Realty Team for more information about this listing and to schedule a private viewing.


Property Utilities

Main Sewage
Main Sewage
Mains Electricity
Mains Electricity
Mains Water
Mains Water
Fiber Optics
Fiber Optics

Contact us at LiveAlgarve Realty for more details or to schedule a viewing!

0€
Rental Potential
0€
Condo Fee
68,000€
IMT Tax

Your First Point of Contact

Sergey Malinka
Sergey Malinka
Co-Founder

Your First Point of Contact

You might also like

New Listing

OPPORTUNITY | Construction Plot for a Townhouse at Meia Praia for Sale - Lagos

  • Ref #1111
  • m²Built
  • 215 m²Plot

Located in a quiet and well-established residential area of Meia Praia, this 215 m² urban plot offers an excellent opportunity to build a contemporary townhouse just minutes from the beach. The ...

New Listing

OPPORTUNITY | New Luxury Groundlevel T2 Apartment with Garden at Burgau for Sale - Lagos

  • Ref #1110
  • 108 m²Built
  • m²Plot

We present a new 2-bedroom ground-level apartment at the luxury condominium Burgau Sea Gardens. The Burgau Sea Gardens Condo offers contemporary apartments in the coastal village of Burgau, on the western ...

Latest News

Stay in the know with our weekly mix of market updates, neighbourhood spotlights and insider tips on Algarve living. From in-depth buyer guides to exclusive off-market previews, the LiveAlgarve blog gives you the knowledge—and inspiration—you need to make your next move with confidence.

VIEW ALL ARTICLES

Know everything that hits the market:

Get private announcements
and priority content.