Purchasing this vibrant restaurant and B&B business in Ferragudo is a straightforward process that can start with an inquiry into the freehold listed at €2,550,000. The location, right in the heart of town square, provides a remarkable opportunity to own a successful restaurant and six B&B suites that attract diverse clientele from tourists to locals. This dual-business model not only generates steady income but also offers a unique living space.
The ground floor features a 140m² restaurant area with seating for 55 guests, an inviting bar area, and a fully equipped kitchen ready for operation. The first floor houses six en-suite suites, all designed for comfort and equipped with essential amenities like flat-screen TVs and complimentary Wi-Fi, ensuring a memorable experience for guests.
The property has been tastefully renovated in 2018, ensuring everything from the decor to the facilities meets modern standards. Its terrace allows additional outdoor seating for 69 people, providing an ideal setting for dining alongside serene river views. Located only 500m from the beach and adjacent to major amenities, this venue is perfectly positioned to capitalise on the tourist season.
To explore this lucrative investment, interested buyers should consider the details of the current business contracts, as the goodwill of both operations is included in the sale, along with the building's freehold. Take the necessary steps to secure your dream venture in Ferragudo. Contact us today to start your buying journey!
• 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
