Purchasing a prime restaurant with six en-suite B&B suites in Ferragudo is a remarkable opportunity currently available for €2,550,000. This well-positioned property, located right in the town centre square along the Arade River, makes it an attractive investment for those venturing into the hospitality sector. With the substantial existing goodwill and operational success, investors can step into a thriving business.
The property features two distinct components: a bustling restaurant with 140m² and a well-designed B&B that includes six en-suite rooms. The restaurant can accommodate up to 124 guests, ensuring that it can cater to large crowds, especially during peak tourist seasons. Additionally, a lovely terrace provided beautiful views, perfect for outdoor dining.
Investors will enjoy the convenience of being only 500 metres from the beach, making it an ideal location for attracting tourists looking for dining and lodging. Renovated in 2018, both the restaurant and the B&B showcase modern facilities while preserving traditional charm, which appeals to today's consumers. Each en-suite B&B suite is furnished with essential amenities, adding comfort for guests and contributing to a higher occupancy rate.
The investment’s location and operational history promise substantial return on investment, with the potential for continued growth. A relatively low annual terrace rent of €1,610 makes this offering even more enticing. Serious buyers should not miss this chance to acquire a successful business model in an enviable setting. Contact us today to learn more about how to make this opportunity yours!
• 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
