If you're wondering about the cost of a restaurant with 6 B&B suites in Ferragudo, this exceptional opportunity is available for €2,550,000. This property includes a successful restaurant located on the ground floor and 6 beautifully appointed en-suite suites on the first floor. Situated in the charming town centre square overlooking the Arade river, this investment combines both hospitality and dining experiences.
The restaurant area is spacious, accommodating up to 55 patrons, with a fully fitted kitchen and a welcoming bar area. Each of the 6 suites offers guests a luxurious stay with flat-screen TVs, cable channels, and modern amenities. Renovated in 2018, the building offers a mix of historic charm and contemporary style. The ground floor features a comfortable layout and serves three all-inclusive menu styles.
With a total living area of 280m² and a terrace seating area for 69 people, this property is designed for both comfort and functionality. In addition to its prime location, it is just 500m from the beach and surrounded by local amenities. This opportunity is perfect for buyers looking to invest in the thriving tourist market in Algarve, making it an excellent addition to any real estate portfolio.
This well-established business not only generates income through the restaurant but also through the holiday rental potential of the B&B suites. Don’t miss out on this incredible opportunity to own a piece of Ferragudo's vibrant hospitality scene. Contact us to schedule a viewing 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
