The asking price for this 581m² commercial restaurant in Ferragudo is €925,000. It is located approximately 400 metres from the nearest beach and is available for buyers seeking a substantial restaurant investment in the Algarve. The business is not currently in operation, allowing a new owner to establish a fresh concept and trading strategy. Built in 2009, the property occupies two floors within a modern apartment building on Ferragudo’s main street. The ground floor measures approximately 408m² and is arranged around a spacious open-plan dining area. A 168m² gallery on the upper floor provides a second dining space overlooking the room below. Large windows bring natural light into the main restaurant area. An outside terrace offers seating potential and may provide scope to expand the customer area, subject to the necessary permissions. The service zone includes a bar and a large commercial kitchen. Five storage rooms provide useful operational capacity for stock, equipment and supplies. Staff facilities include two bathrooms with showers and changing rooms. Customers have access to three bathrooms, including one adapted for disabled guests. The property is therefore designed to support a broad range of restaurant operations and visitor needs. Its central position places it close to Ferragudo’s shops, cafés, bars and other amenities. The nearest town facilities are approximately 100 metres away, making the premises convenient for residents and visitors. Ferragudo is a traditional fishing town positioned at the mouth of the River Arade. The town is known for whitewashed buildings, cobbled streets and a relaxed coastal atmosphere. Nearby attractions include the riverside dining area, the hilltop church and Castelo de São João beside Angrinha Beach. Praia Grande and other Algarve beaches offer opportunities for water sports and leisure activities. Buyers should assess projected turnover, operating costs, permissions and potential ROI before committing to the purchase. Contact us now to arrange a viewing of this restaurant investment in Ferragudo.
• Business not in operation
• Total area 581m²
• Ground floor 408m²
• Gallery 168m²
• Constructed 2009
• Nearest beach 400m
Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close-knit community of Portuguese and expats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.
Located on the ground floor of a modern apartment building on the main street in Ferragudo, this large commercial property is designed to be very open and spacious with high ceilings and tall pillars. Consisting of two floors, the ground floor has many windows and an outside terraced area with potential to expand the seating. The ground floor consists of a large open, high ceilinged dining room and 3 client wc´s, one of which is disabled. The service area consists of a bar followed by kitchen which has 5 storage rooms, 2 staff bathrooms with shower and changing rooms. On the top floor you will find the second dining room, a large gallery which overlooks the ground floor.
Amenities
• Centrally located
• 5 storage rooms
• Disabled friendly
• Close to all amenities
Location
• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m
