Purchasing this bustling restaurant with six B&B suites in the centre of Ferragudo is an excellent opportunity for both seasoned investors and newcomers alike. Priced at €2,550,000, this property combines a thriving restaurant operation with lucrative accommodation options, all in a prime location overlooking the Arade river. This dual business has been optimally designed for immediate operation with both significant foot traffic and local clientele.
The restaurant boasts a generous area of 140m² with seating for 55 guests, complemented by a fully equipped kitchen and inviting bar area. The additional B&B suites, positioned on the first floor, consist of six en-suite rooms, equipping them with necessary amenities such as flat-screen TVs and Wi-Fi, thus enhancing the guest experience.
The property has undergone renovations in 2018, allowing it to maintain a contemporary charm while serving traditional cuisine. Guests can enjoy the outdoor terrace seating, accommodating 69 people, perfect for sunny days and providing an enviable dining experience.
Located just 500m from the beach, this business attracts not only tourists but also locals looking for a delightful dining option in a picturesque setting. The investment potential here is considerable, as everything from the freehold to the goodwill of the existing businesses is included. Don’t miss out—this is a rare chance to secure a profitable enterprise in Ferragudo. Contact us now to schedule your viewing and take the first step towards ownership!
• 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
