A restaurant or café with outdoor dining could thrive in this environment (there are not so many around the area), benefiting from the steady local traffic while also enhancing the appeal of the residential units.

My wife and I have owned and managed STR condos in Carolina Beach and Wilmington, NC, for several years.We are looking to purchase a restaurant in north Asheville.

The Algarve has basically:1- Vacation rentals (depends on the area) for short-term duration or long term duration2- Residential (Faro, Loulé, Portimão) are the most populated cities.3- Commercial (restaurants, hotels and services)These are the 3 main markets.Opportunities lie specially on rehab, particularly >30y old apartments or houses, buy and hold in residential cities (specially for student loans), vacation rentals (All around the Algarve) or commercial long-term rentals...It depens a lot on wheter you're a buy and hold investor or if you want to

There are some people coming back because there's a segment of the population who love living in the city and being walking distance to restaurants, stores etc. 

My personal favorite (and where I currently live) is Belmont, NC, a charming town about 25 minutes from Uptown with excellent restaurants, bars, breweries, and community events.

It seems like the neighborhoods immediately adjacent to the public market (good bars, restaurants, brewery, distiller,y and of course the market) are getting investor interest.

If I don't have money to pay for food because of COVID, why can't I just go into a restaurant, order food, leave, and then have one year to pay them back?

Amex personal gold for restaurants and grocery (4x), Amex Biz Platinum for Home Depot 1.5x and Cap 1 for misc purchases 2x. 

The property surrounded by a number of restaurants, and attractions.

Craftsman bungalows and historic homes are in high demand.Key ROI Factors:Homes often need cosmetic updates, not full rebuilds, making renovation costs manageable.ARV is climbing as retail, restaurants, and parks continue to develop in the area.Pro Tip: Focus on properties within walking distance of hotspots like Five Points or Riverside Village for a premium resale value.2.