Restaurant in San Francesc de Formentera (Formentera)

Charming Restaurant in Formentera – A Unique Opportunity in Hospitality

Located on Calle Pla del Rei, 10, in Sant Francesc Xavier, Formentera, this restaurant is currently one of the best gastronomic options on the island, solidifying its status as a reference in the hospitality sector. Situated on a 448 m² plot, it offers a built area of 236 m² distributed across various functional spaces, making it a versatile choice for entrepreneurs.

A Place with History

The restaurant is housed in a historic finca payesa, which once served as the village’s pharmacy, a landmark in the heart of Sant Francesc Xavier. The name of the restaurant pays homage to this historical legacy and its deep connection to the local community.

Property Features:

• Main Use: Leisure and hospitality, perfectly suited for gastronomic activities.
• Interior Space:
  • 104 m² Interior.
  • 51 m² Terrace.
  • 17 m² of support space.
  • 13 m² for storage.
• Terraces: The property includes private terraces, ideal for creating an attractive and comfortable atmosphere for clients.
• Age: Built in 1950, it combines the charm of traditional architecture with the potential for modern adaptations.
• Legal Documentation: Cadastral reference 3657602CC6835N0001FY, registered in the Ibiza Property Registry, ensuring a secure investment.

Economic Terms:

• Transfer Price: €250,000.
• Current Rent: €40,000/year (+VAT - IRPF).
• Security Deposit: €16,666.
• Agency Fees: 1 month’s rent + 21% VAT.

Prime Location in Sant Francesc Xavier:

The restaurant is situated in the heart of Sant Francesc Xavier, the capital of Formentera, known for its bohemian charm, vibrant local life, and rich offering of restaurants, boutiques, and artisan markets. This area attracts both residents and tourists, making it a prime destination to enjoy the essence of the island.

Recognized as One of Formentera’s Best Gastronomic Options:

This restaurant has stood out for its quality, design, and location, becoming one of the most valued spots to enjoy gastronomy on the island. Its culinary offerings and inviting atmosphere have captivated both locals and visitors, positioning it as a benchmark in the current gastronomic scene.

Business Potential:

This restaurant excels in its versatility and capacity to adapt to different gastronomic concepts. Its strategic location, combined with ample indoor and outdoor spaces, makes it a unique opportunity to develop a successful business in one of Formentera’s most exclusive areas.

If you are looking for a property with great potential in the hospitality sector, this restaurant in Formentera is an opportunity you cannot miss. Contact us for more information!