Acquiring a thriving restaurant with guest suites in Ferragudo is within your reach with this incredible property available for €2,550,000. Centrally located in the vibrant town square and overlooking the stunning Arade River, this opportunity combines a successful restaurant operation with six en-suite rooms for guests, ensuring a strong investment in Portugal’s Algarve region. The successful business, featuring seating for 124 customers, operates daily and offers a diverse menu to entice a broad clientele.
For buyers looking to enter the hospitality industry, this property provides a built-in customer base with its strategic location just 500 metres from the beach—a significant draw for both locals and tourists. The interior of the restaurant is modern, inviting, and fully equipped, while the guest suites above promise a unique blend of comfort and style, revived in 2018. All bedrooms are thoughtfully designed, complete with contemporary amenities that cater to comfort and convenience.
Furthermore, this business opportunity includes all furnished elements, making for a straightforward transition into ownership. With the potential for year-round income due to seasonal tourism, this property stands as a chance for remarkable business growth while enjoying the tranquillity of life in Ferragudo. Don’t miss the chance to own this exceptional restaurant and B&B. Contact us now to arrange a viewing!
• 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
