The cost of purchasing a restaurant and B&B business in Ferragudo currently stands at €2,550,000. This investment opportunity includes the freehold of a well-established restaurant located on the ground floor with a seating capacity for 55. Additionally, the property boasts six en-suite B&B suites on the upper floor, perfect for generating continual rental income. Notably, the establishment is situated in the vibrant town centre square near the Arade river, just 500m from the beach. This prime location increases the appeal for both tourists and locals, enhancing profitability potential. The restaurant offers multiple all-inclusive dining options and has been operational since its renovation in 2018, ensuring a solid customer base. With a living area of 280m², combining restaurant and B&B, this property provides ample space for growth. It's also worth noting that the restaurant is open daily from 8 AM to 10:30 PM, catering to a diverse clientele. There are two restrooms for convenience, and the B&B sector is fully furnished with modern amenities, ensuring guests' comfort. The income potential from the restaurant and B&B is significant, making this property a wise investment. Contact us to explore this remarkable business opportunity today!
• 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
