Portimão, Faro

In the center of Portimo, in the Ribeirinha area, just a 3-minute walk from the Arade River, you will find this investment opportunity in the form of a commercial property.This property was originally created to serve as a restaurant, however, it is possible to change its use according to your personal project.The total area of 428 m2 is divided into 3 floors: basement (177m2), ground floor (177m2), and 1st floor (74m2).The facade of traditional and striking tiles in a shade of blue makes this building unmistakable and charismatic. Upon entering through the main door, you will be greeted by the entrance hall of the ground floor, and the 3 dining rooms, with a total area of 93m2. The main kitchen, service counter, and 3 sanitary facilities complement this floor.On the 1st floor, there is a semi-covered terrace with straw parasols, which will certainly provide unforgettable meals on sunny days. The open kitchen on the same floor will serve as a support kitchen and grill for the restaurant.The back of the house is in the basement with areas intended for employee locker rooms, an office, storage and food refrigeration, as well as an area for the support pantry.The dining rooms have air conditioning, and the building is prepared for the installation of a plate/meal elevator between the two kitchens and the preparation/pantry area.The future owner will have to complete the building's finishings, as well as proceed with the installation of the equipment, which will give them the freedom to implement their preferences.Don't miss out on this investment opportunity and make this emblematic building the future reference for dining in Portimo. Schedule your visit now.Portimo is the largest city in the Western Algarve with around 60, 000 inhabitants and was once a place where boat building, sardine fishing and fish processing were the city main activities. However, over the passing of the years most of this industry has been replaced by tourism, entertainment and services, making it a large residential city, in perfect harmony with its historic pedestrian center and riverside areas. This evolution has transformed the city into an attractive place to shop and admire its history and proximity to the river and the sea. The old and busy fishing docks have also been transformed into a long sidewalk integrated with the wooded squares of the old city where there is no lack of cafs, bars and restaurants to enjoy the excellent gastronomy and traditional pastries, with a clear view.Just 7 minutes from the city center is the iconic Praia da Rocha with its vast beach, crystal clear water and majestic cliffs that extend to the beaches of Amado and Vau. Complementing this postcard are numerous restaurants and beach bars and a nightlife that attract thousands of tourists and curious people every year.Its hub with public transport to various destinations in Portugal and Spain make this city a must-see for travelers and the surrounding population. At a short distance you can also visit the fishing villages of Alvor, Ferragudo and Carvoeiro, the spas of Monchique, Lagos (the city of the discoveries) and also Sagres (the most western point of Europe). Faro airport is only 45 minutes away. Lisbon and Seville are roughly the same distance from Portimo (2H30).