Building with a restaurant on the ground floor and an apartment on the first floor, located on Alvor’s main street.

This unique property in Alvor’s riverside area occupies a premium location and offers strong appreciation potential. It comprises a commercial space on the ground floor and residential accommodation on the first floor.

Ground floor — operating restaurant:
– Indoor dining room and terrace with total seating for approximately 50 guests;
– Fully equipped bar;
– Functional kitchen;
– Storage room;
– Two customer bathrooms.

First floor — residence with estuary views:
– Approximately 106 sqm;
– Spacious rooms;
– Beautiful river views;
– Inner courtyard;
– Second independent entrance from the rear;
– Terrace;
– Storage room.

This floor requires renovation, allowing the future owner to customise it to their own taste.

The property stands out for its versatility and is ideal both as an investment and for personal use. It combines commercial rental income with a main residence or holiday home in one of the Algarve’s most sought-after locations.

It is just a few metres from the Alvor estuary, in the village’s busy tourist area, with strong demand throughout the year. The building is currently leased, providing immediate income.

For further details about the lease terms and to arrange a viewing, please contact us.