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What are the best opportunities for shop investments in the Algarve?

Shop in Ferragudo

ref. LE1306
243.464$
  • C
  • 61m2

For those seeking shop investment opportunities in the Algarve, this commercial space in Ferragudo is a standout option. Priced at €210,000, this location offers significant potential, with a spacious interior of around 60 square metres on a bustling main road. Retailers and investors alike will appreciate the blend of local foot traffic and tourist influx, especially with the beach just 400 metres away. Ferragudo itself is known for its traditional charm, boasting quaint streets lined with various shops, eateries, and local attractions, which creates a welcoming atmosphere for shoppers. The empty retail space allows for custom fit-outs to match your vision, whether for a boutique, cafe, or office. Plus, the outdoor terrace offers additional seating or display options, enhancing customer attraction. The investment not only promises good rental yields but also the opportunity to become part of a well-established community. The area has shown resilience in the face of market fluctuations, making it a wise choice for property investors. If you're ready to explore this opportunity further, contact us today for a viewing and discover the potential of this fantastic location!

Usage
Commercial
Type
Shop
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (Central)
Construction Year
2009
Floors
1
Living Area
61 m²
Parking outdoors
Guest Toilet
Pre-Installed AC
Double glazing, PVC
Communal
Town View
• Business not in operation
• Areas 60m² - 61m²
• Private WC
• Outdoor parking
• Nearest beach 400m

Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close nit community of Portuguese and ex pats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach. and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.

These shops are superbly located on the main road entering Ferragudo, with parking directly in front of its large shop windows. The interior is a blank canvas with white walls. One has tiled floors the other still in concrete. Both have pre-fitted extraction for catering.

There is a single wc located to the rear of the shop where you will find a second window and door which leads out to the rear. One has direct access to an attractive terrace which has plenty of space to a number of tables and chairs next to the old chimney.

Amenities

• Extractor
• Terrace
• Centrally located

Location

• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m
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