Purchasing this unique restaurant and guest house in Ferragudo's town centre is easier than you think! We're offering this prime property for €2,550,000, which includes the freehold of the restaurant operating on the ground floor and six fully-equipped B&B suites on the upper level. The location is a true asset, right by the picturesque Arade River and only a short walk to the beach. A total living space of 280m² and a highly visible position in a vibrant area contribute to its potential success. The ground-floor offers a delicious menu crafted for both locals and tourists, catering to dining throughout the day. Guests can experience a comfortable stay in modern ensuite rooms, well-appointed with amenities like flat-screen TVs and air conditioning. The overall setup is designed to offer high customer satisfaction and repeat business. This investment is ideal for buyers looking to enter the thriving hospitality sector in Portugal. With storage areas and available furniture included, you can start your business with minimal upfront costs. Explore this exceptional opportunity further by contacting us today for a private 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
