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What budget is needed to buy a 61m² retail unit within 400m of Ferragudo beach?

Shop in Ferragudo

ref. LE1306
230.000€
  • C
  • 61m2

The budget needed to buy this 61m² retail unit within 400 metres of Ferragudo beach is €230,000, based on the listed asking price. Buyers should also allow for purchase taxes, legal costs and other transaction expenses when planning their total budget. The commercial premises are centrally located on a main road in Ferragudo, in the West Algarve. Its 60m² to 61m² layout offers useful space for retail, office, catering or professional services. A broad street-facing window provides visibility for displays, branding and customer access. Outdoor parking is available directly outside the commercial unit. The premises include a private WC at the rear. A rear door connects with an outdoor area and one configuration includes an attractive terrace. This terrace could accommodate tables and chairs if approved for the intended business use. Pre-fitted extraction is an important feature for buyers considering catering operations. The unit is not currently in operation, so a purchaser can create a new concept without taking over an established business. White walls and flexible internal space make refurbishment and fit-out straightforward to plan. One part of the floor is tiled, while another remains in concrete. Pre-installed air conditioning and double-glazed PVC windows are recorded in the property specifications. Ferragudo's riverfront, cafés, bars and restaurants help support year-round local activity. The nearest beach is around 400 metres away, and Praia Grande is another popular destination in the surrounding area. The town's traditional architecture, cobbled lanes and fishing heritage add distinctive character for customers and visitors. Golf is approximately 4 kilometres away, while Faro Airport is about 66 kilometres from the property. Commercial investors may consider future rental income or owner-occupier savings, although returns will depend on the chosen use, permissions and market demand. Contact us today to review the purchase costs and arrange a viewing of this Algarve retail unit.

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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