The cost of a successful restaurant and B&B business for sale in Ferragudo is €2,550,000. This prime location offers not only the freehold of the building but also the goodwill of both the restaurant and six en-suite B&B suites. The business operates in one of the most vibrant areas of Ferragudo, right on the Arade river, and just 500m from the beach, making it a favourite among tourists and locals alike. The restaurant boasts a spacious seating area for 55 diners, complemented by a bar and a fully fitted modern kitchen. Additionally, the business includes six beautifully furnished en-suite bedrooms, equipped with flat-screen TVs and all necessary amenities. With both the restaurant and B&B catered to suit various client preferences, this property is perfect for buyers looking to capitalize on the thriving tourism sector in the Algarve. The building features a terrace accommodating 69 guests, presenting tremendous outdoor dining potential. Ferragudo is conveniently located for easy access to nearby golf courses, shops, and cultural attractions, enhancing the appeal for potential customers. The investment also holds a strong potential for rental income given its prime location. Don't miss out on this great business opportunity; contact us now to schedule a viewing and explore this standout property.
• 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
