Purchasing a restaurant with B&B suites in Ferragudo is an incredible investment opportunity, and it's crucial to understand the associated costs. This property, priced at €2,550,000, includes the freehold of the building and the successful restaurant currently in operation. In addition to the purchase price, prospective buyers should consider annual operational costs, such as terrace rent, which is set at €1,610.
The property features a spacious living area of 280m² tailored for optimal use—you’ll find the ground floor occupied by a bustling restaurant that seats 124 and is currently enjoying regular patronage. The six en-suite B&B suites above provide a steady stream of income, presenting an excellent return on investment.
The annual running costs are minimal with a well-established clientele, and the location in the town square, a mere 500m from the beach, adds immense value. Moreover, investing in hospitality in Ferragudo means stepping into a vibrant community that attracts tourists year-round. Each B&B suite is furnished with essential amenities designed to make guests’ stays comfortable and relaxing.
Understanding all costs ahead of time will ensure a smooth transition into ownership. This investment is not only about acquiring a property but contributing to a well-loved local establishment. Don't miss the chance to turn this profitable opportunity into your reality—get in touch with us today to learn more!
• 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
