Purchasing a commercial property with stunning river views in Ferragudo is straightforward, especially with this exquisite restaurant and B&B opportunity currently on the market for €2,550,000. Located in the heart of the town, this property overlooks the Arade River, providing a picturesque setting that enhances its attractiveness to both local and visiting clientele. Interested buyers will appreciate the dual offering: a successful restaurant operating from the ground floor and six en-suite B&B suites above.
For any investor, this is not merely a purchase; it's a step into a lucrative business venture with established clientele. The restaurant’s beautiful terrace allows for outdoor dining with views that are sure to attract more visitors, while the six guest suites offer comfortable accommodations for those looking to stay by the river. With comprehensive amenities, including air conditioning and free Wi-Fi for guests, this property is designed to cater to modern expectations.
Furthermore, the property’s strategic location puts it within walking distance of essential amenities, enhancing operational convenience. Over the years, the restaurant has proven its profitability, making this opportunity an ideal investment for those seeking to enter the food and hospitality market. This well-maintained building, renovated in 2018, merges modern comforts with timeless charm. Potential investors can expect impressive returns given the location and existing goodwill.
Explore this property without delay and take the first step towards ownership of a river-view commercial venture!
• 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
