Investing in a successful restaurant and B&B business in Ferragudo is as simple as acquiring this prime property for sale at €2,550,000. This investment offers a unique blend of culinary and hospitality opportunities, including a well-established restaurant featuring a menu that caters to a broad spectrum of culinary tastes. The B&B includes 6 beautifully designed en-suite suites, perfect for attracting tourists looking for comfortable accommodations.
Located in the bustling town square near the Arade river, the property boasts excellent visibility and foot traffic, which is a critical factor in hospitality success. With a combined living area of 280m² and ample outdoor terrace space, the restaurant can comfortably cater to a substantial number of guests. Just 500m from beautiful beaches, this location is ideal for holidaymakers seeking both relaxation and vibrant local cuisine.
This acquisition provides immediate cash flow through the existing restaurant operation and considerable potential for further income through holiday rentals. The B&B suites are well-equipped, featuring modern amenities such as flat-screen TVs and air conditioning, ensuring a comfortable stay for guests all year round.
With proximity to local attractions, including golf courses and other leisure activities, the property is strategically positioned to capitalise on the tourist market in Algarve. Whether you're an experienced investor or new to the industry, this opportunity is tailored to guarantee success. Contact us now to explore this lucrative investment today!
• 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
