The cost of acquiring a restaurant with 6 en-suite B&B suites in the Algarve region is €2,550,000. This investment opportunity comprises a successful restaurant located in Ferragudo’s central square, along with six well-appointed B&B suites upstairs. The prime location near the Arade River is ideal for attracting both tourists and locals looking for quality dining and accommodation. Investors will appreciate the significant potential for income generation from both the restaurant and the guest suites, making it an attractive business prospect. With a total surface area of 280m², including operational space and living quarters, the property offers modern amenities such as air-conditioning and free Wi-Fi for guests. The restaurant can host up to 124 people across various seating arrangements, including a charming terrace area. With a recent renovation, this property combines character and modern convenience in an excellent setting. This opportunity is perfect for those seeking a profitable venture in one of Portugal's most beautiful regions. Explore this property further; reach out today for more details!
• 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
