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Exploring the ROI on a Restaurant with B&B Suites in Ferragudo

Restaurant in Ferragudo

ref. LE2162
442.139.607¥
  • B-
  • 6
  • 6
  • 280m2
  • 280m2
  • Alojamento Local

Exploring the ROI on a restaurant combined with B&B suites in Ferragudo reveals a strong investment potential. This stunning property offers a thriving restaurant on the ground floor complemented by six well-appointed en-suite B&B suites on the first floor. The property’s price of €2,550,000 represents an excellent opportunity for serious investors looking to capitalize on the flourishing Algarve tourism market.

The restaurant can seat up to 124 customers, generating substantial income on busy nights, while the B&B suites offer additional revenue during the holiday seasons. With low operational costs, including an annual terrace rent of €1,610, the profit margins can be quite appealing. Guests enjoy proximity to the beach and local attractions, inviting consistent foot traffic that can sustain year-round business.

The B&B rooms are furnished with modern amenities, making them attractive for bookings. Important to note, the property has a history of being profitable, and its prominent location in the town square by the Arade river amplifies its desirability further.

Investors will also benefit from the recent renovations that keep the property in top condition, allowing for minimal future expenditures. With a total area of 280m², there is ample opportunity to expand the offerings or enhance guest experiences further.

Delve into this lucrative opportunity and secure your investment in the hospitality sector! Don’t wait—contact us today to learn more about the potential ROI on this remarkable property.

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1952
Renovation Year
2018
Rooms
7
Bedrooms
6
Bathrooms
6
Floors
2
Furnished
Negotiable
Living Area
280 m²
Plot Area
280 m²
Parking outdoors
Own Entrance, Fully Fitted, Modern
Storage, Office/Study
Alarm System
Double glazing, UVA Protection
Patio
Sea View, Panoramic View
• In Operation
• Living Area for suites 140m²
• Restaurant area 140m²
• Terrace area 70m²
• Seatings in total for 124 people
• 2 WC´s in Restaurant (1 Male / 1 Female)
• 6 Bedroom Suites all En-Suite
• Year of Construction 1952, Renovation 2018
• Distance to Beach 500m
• Close to Amenities
• In the Town Square
• Views of the Arade River

Investment and Business opportunity to purchase the freehold of the building as well as the goodwill of 2 businesses. Located in the town centre square on the Arade river in Ferragudo.

Ground Floor - Restaurant:
• Restaurant area - seating for 55 people
• Bar area
• Kitchen
• 2 w.c. (1 male & 1 women’s)
• 3 different “all inclusive” menu styles to suit your appetite
• Open every day from 08.00 until 22.30

First Floor – B&B Suites:
• Reception area
• 6 ensuite bedrooms (5 with showers / 1 with bath)
• All rooms have – Flat screen TV´s, Cable channels, Hairdryers, Towels, Bed linen

Extras rooms:
• Storage in cellar and attic

Outside:
• Terrace area – seating for 69 people

Amenities

• Wifi (Free for guests)
• A/C
• Alarm

Location

• 67.2km to airport
• 19m to town
• 14.9km to golf

Other Info

• Furniture included (exception of several personal items)
• €1,610 a year for terrace rent
Enquire Now   +