This exceptional opportunity is available for €2,550,000, which includes the freehold of a thriving restaurant and six B&B suites in the heart of Ferragudo. The successful restaurant operates on the ground floor, boasting a spacious area for 55 diners and a fully equipped kitchen. On the first floor, guests can enjoy comfortable stays in six ensuite suites, making it ideal for both family vacations and holiday rentals. Located just 500 metres from the beach and near the beautiful Arade River, this property is perfectly positioned for attracting tourists and locals alike. The restaurant serves diverse menu options and has a total seating capacity of 124, giving ample space for busy dining hours. The property has been renovated since its original construction in 1952, ensuring modern comforts while retaining its charming character. Investment potential is remarkable, with the ability to generate income from both the restaurant and the B&B side. This combination makes it a compelling purchase for anyone seeking a lucrative business opportunity. With additional amenities like air conditioning, free WiFi for guests, and nearby attractions, the location is further enhanced by its proximity to local cafes and shops. This unique investment opportunity in Ferragudo awaits savvy buyers ready to capitalise on the lucrative hospitality market. Contact us today to find out more about this golden opportunity!
• 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
