The investment potential for this thriving restaurant with B&B suites in Ferragudo is outstanding, given its current operations and the high demand for quality accommodations in the Algarve. The property features a successful restaurant that is fully operational, capable of seating 55 guests indoors, with a terrace that can accommodate an additional 69. This setup not only caters to a steady stream of diners but also creates an inviting atmosphere for tourists who wish to stay overnight in one of the six well-appointed B&B suites. Each suite provides an en-suite bathroom, air conditioning, and other modern amenities that enhance guest experience. Located just 500m from the beach and in the vibrant town square, the location is ideal for generating foot traffic and attracting visitors year-round. The lucrative nature of the restaurant, combined with the high occupancy rate of the B&B, ensures a solid ROI. Recent renovations in 2018 mean the property is up to date, attracting guests who appreciate modern comforts in a historical setting. The combination of dining and lodging offers diverse income streams and stabilises revenue throughout the year. With significant interest in the Algarve as a holiday destination, there's ample opportunity for growth and increased profitability. Don't hesitate; seize the chance to invest in this prosperous operation and contact us today to learn more!
• 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
