Investing in a restaurant and B&B property in Ferragudo involves purchasing this incredible freehold for €2,550,000, which includes both an operating restaurant and six B&B suites. Located in the bustling town square by the Arade River, this property is already established with a strong customer base, making it a prudent investment for new and experienced buyers alike. The restaurant area accommodates up to 55 diners with options for diverse menus, while the B&B aspect provides 6 en-suite suites that cater to tourists year-round. The total area spans 280m², and the property includes amenities such as air-conditioning, free Wi-Fi, and a scenic terrace for guests. Renovated in 2018, it balances traditional charm with modern touch. Potential investors will find exceptional ROI possibilities given the property’s prime tourist location. To move forward with this investment opportunity, consider visiting the site; contact us to get started on your journey to owning this thriving business.
• 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
