Investing in a thriving restaurant with B&B suites in Ferragudo is a smart move, especially with this exceptional property on the market for €2,550,000. It includes both an operational restaurant on the ground floor and six luxurious en-suite suites upstairs, providing ample opportunity for revenue generation. The restaurant comfortable seats 55 patrons, offering a diverse menu and inviting atmosphere that caters to both tourists and locals. Nestled in the picturesque town centre square by the Arade river, the location invites a constant flow of guests, thanks to its proximity to the beach just 500m away. A recent renovation in 2018 ensures that all facilities are modern and attractive to guests. Furthermore, with the potential for high occupancy rates in the B&B, investors can expect strong rental yields. This property offers significant appeal with its synergy between food and hospitality. Don’t miss this chance to secure a lucrative investment. Reach out today to learn more about this opportunity!
• 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
