The purchase price for this exceptional restaurant with B&B suites in Ferragudo is €2,550,000. This investment includes the freehold of the building along with the goodwill of both the restaurant and the B&B business. Located right in the town square, the property has a strategic advantage, attracting countless tourists and locals throughout the year. The restaurant is well-equipped with modern facilities, including a kitchen, bar, and two washrooms, all within a spacious 140m² area. Additionally, the B&B consists of 6 en-suite suites, all equipped with modern amenities, enhancing guest comfort and satisfaction. Given its proximity to the beach just 500m away, this property is perfect for capitalising on the thriving tourism environment in Ferragudo. Buyers will appreciate the potential for steady income from the B&B side while also benefiting from the restaurant's established clientele. Don't miss your chance to invest in this complete business opportunity. Reach out to us for more details about this exceptional offering!
• 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
