In Ferragudo, a unique business opportunity awaits for those looking to invest in a successful restaurant along with B&B accommodations. This property, now available for purchase at €2,550,000, combines a well-established restaurant and six en-suite B&B suites, uniquely positioned in the vibrant town square by the Arade river. The attractive setup not only provides a steady income stream but also offers potential for growth due to the increasing popularity of Ferragudo among tourists.
The restaurant features a total area of 140m², capable of seating 55 patrons while providing a homely, welcoming atmosphere. It comes fully equipped with a kitchen and bar area, enabling you to step into an operational business without additional setup costs. The B&B suites, located on the first floor, are comfortably furnished and equipped with all necessary amenities for guests, such as Wi-Fi and flat-screen TVs.
Renovated in 2018, the property presents a modernized and charming environment that appeals to guests. Moreover, the added bonus of a terrace, accommodating 69 extra seats, presents numerous possibilities for outdoor dining, making the most of Ferragudo's beautiful weather.
Investing in this dual business model holds significant potential, particularly given its location just 500m from the beach and its close proximity to local amenities. This type of investment is perfect for savvy purchasers seeking dual revenue streams. Contact us today to learn more and set up a viewing!
• 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
