Investing in this profitable restaurant and B&B operation in Ferragudo is an exceptional opportunity, with all the groundwork already laid. The property features a successful restaurant that caters to a vibrant community, along with six beautifully designed B&B suites, making it perfect for buyers looking to capitalize on the growing tourism in the Algarve. The restaurant includes a spacious 140m² dining area, and the B&B suites offer en-suite bathrooms that ensure a comfortable stay for guests. Positioned in the bustling town square, this business benefits from high foot traffic, enhancing the potential for increased patronage. Each suite is equipped with modern conveniences such as cable channels and air conditioning, making it a top choice for visitors. Additionally, the beautiful 70m² terrace allows for outdoor seating, perfect for enjoying the scenic river views while dining. Renovated in 2018, the property has been upgraded to meet contemporary standards while preserving its character. Investors can expect a solid return on investment given the current operation and ongoing demand for holiday accommodations in the region. With proximity to local amenities and attractions, this property is ideally located for capturing the attention of tourists and locals alike. Explore the potential of owning this flourishing business and contact us for a personal tour.
• 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
