The asking price for this thriving restaurant with six B&B suites in Ferragudo is €2,550,000, an excellent investment opportunity for aspiring business owners. The property boasts a prime location in the town centre square on the picturesque Arade river, ideal for attracting both local and tourist clientele. This well-established restaurant includes a spacious ground floor area of 140m², seating 55 people, as well as a fully equipped kitchen and bar area, making it ready for immediate operation.
The B&B suites on the first floor comprise six en-suite bedrooms, offering comfortable lodging for guests. Each suite is furnished with modern amenities, including flat-screen TVs, hairdryers, and complimentary Wi-Fi, ensuring a pleasant stay for visitors. The total living area across both commercial and residential sections covers 280m², with a terrace that accommodates an additional 69 seats.
With a renovation completed in 2018, the property delivers a fresh and inviting atmosphere, perfect for contemporary dining experiences. Being only 500m from the beach makes it even more appealing for guests looking for a seaside getaway. Given its prime location, unique dual business offering, and excellent occupancy rates, this property represents a potentially high ROI for investors.
The inclusion of furniture (except for a few personal items) adds to the immediate viability. As Ferragudo continues to grow in popularity, now is the perfect time to explore this exceptional multi-business investment. Contact us to get more details and arrange 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
