The asking price for this thriving restaurant along with its 6 en-suite B&B suites in Ferragudo is €2,550,000. This investment encompasses not just the freehold of the property but also the established goodwill of the successful businesses that have been in operation. Located in the bustling town square just 500 metres from popular local beaches, the restaurant features a seating capacity that accommodates 124 guests alongside a fully equipped kitchen and catering services. Each suite offers modern amenities, making it a popular choice for visitors, which contributes to a strong and stable rental income. Given the growing tourism in the Algarve region, buyers can expect substantial revenue potential from both the restaurant operations and guest accommodation. This unique business model provides a comprehensive opportunity for investors. With its competitive price, this property offers excellent value for those looking to enter or expand their presence in the hospitality industry. Don’t delay—contact us today for more details on this remarkable investment 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
