The price of this remarkable business opportunity, comprising a thriving restaurant along with 6 en-suite guest rooms in Ferragudo, is set at €2,550,000. Located in the heart of the town centre, just 500 metres from the beach, this property promises an excellent return on investment for prospective buyers looking to dive into the hospitality industry. With a combined area of 280 m², the restaurant is fully operational and includes seating for 124 patrons, along with a well-equipped bar and kitchen facilities, making it ideal for a flourishing dining experience.
Each of the six en-suite suites offers comfort and luxury, featuring modern amenities such as flat-screen TVs, hairdryers, and fresh linens, appealing to those seeking quality accommodation. The property was built in 1952 and has been recently renovated in 2018, ensuring it meets contemporary standards while retaining its charm. Being situated in the vibrant town square guarantees that the restaurant benefits from high foot traffic and visibility.
The surrounding area boasts a rich cultural heritage, stunning views of the Arade River, and proximity to local attractions and amenities, enhancing the appeal for guests and diners alike. This investment not only caters to those looking for a profitable business opportunity but also offers a lifestyle choice in one of Portugal's most sought-after regions. With great potential for expansion and growth, this property is a must-see. Don't miss out on this unique opportunity; contact us now to schedule 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
