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How much does a centrally located restaurant in Ferragudo cost?

Restaurant in Ferragudo

ref. LE1296
925.000€
  • C
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The asking price for a centrally located restaurant in Ferragudo is €925,000. This modern property offers outstanding features, including two spacious dining areas over two levels within a total area of 581m². Not only does it benefit from a prime location just 100m from the town centre, but it is also only 400m from the beautiful beach, which draws in visitors and locals alike. This financial commitment provides a solid avenue for investment, especially given Ferragudo's charm and popularity as a seaside destination. The restaurant comes with a massive commercial kitchen, including five storage rooms and multiple bathrooms, ensuring that operational needs are efficiently met. The area is known for its traditional charm and stunning views, which can attract a variety of dining clientele. The property has potential for further development with outdoor seating arrangements, appealing to customers wanting to enjoy the stunning weather. This opportunity is perfect for serious investors looking to tap into a vibrant tourism market. Don’t let this opportunity pass by—get in touch to learn more about this unique investment today!

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (Central)
Construction Year
2009
Floors
2
Usable area
576 m²
Tarmac
Parking outdoors
New Tiles
Pre-Installed AC
All mains
Double glazing, PVC
Communal gardens
• 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
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