If you're searching for a restaurant with B&B suites in Ferragudo, look no further! This prime investment opportunity includes a successful restaurant on the ground floor and six en-suite B&B suites on the first floor, making it a fantastic option for those looking to enter the hospitality industry. Located in the vibrant town centre square, just 500 metres from the beach and offering views of the Arade river, this property combines the allure of coastal living with entrepreneurial potential.
With a total living area of 280 square metres, the restaurant can seat up to 55 guests indoors and accommodate 69 on the outdoor terrace, ideal for capturing the essence of al fresco dining. Additionally, the B&B features a reception area and well-furnished suites, each equipped with flat-screen TVs and modern amenities. Recently renovated in 2018, this property boasts contemporary aesthetics while retaining its historical charm.
Proximity to local amenities ensures that guests can easily explore nearby attractions. With an annual terrace rent of €1,610, this business is not only operational but also strategically located to attract both tourists and locals alike. The potential for high returns on investment is promising, especially given the thriving tourist market in Ferragudo.
Don't miss your chance to own this lucrative property where you can enjoy both hospitality and coastal lifestyle. Contact us now to schedule a viewing!
• 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
