If you’re looking for a freehold property that combines a successful restaurant with accommodation for sale in Ferragudo, you’re in luck! This business opportunity includes both the valued freehold of the building and the associated goodwill of two thriving businesses. The perfectly located establishment features a restaurant on the ground floor and six en-suite B&B suites on the first, catering to both locals and tourists alike.
Nestled in the town square, the property offers easy access to the picturesque Arade river and stunning views that will attract more visitors. The restaurant operates daily, serving up to 124 guests at a time, while the B&B suites ensure guests enjoy a comfortable and modern stay. Each suite has amenities that contribute to a delightful experience, such as flat-screen TVs and cable channels. With the investment potential here, this property presents a prime opportunity for serious buyers.
Additionally, the proximity to local amenities and the beach, just 500m away, enhances the property’s appeal. The first floor also includes a welcoming reception area, setting the tone for a pleasant stay. With its renovation completed in 2018, this project is modern yet retains elements of its historical charm.
Invest in your future and enjoy the advantages of this dual-business opportunity. Don’t wait—explore this remarkable property 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
