Discover an incredible investment opportunity in Ferragudo with this successful restaurant and six B&B suites all for sale. Located in the heart of the town centre square, this property offers prime access to the Arade River and is just 500m from the beach, perfect for attracting both locals and tourists. The ground floor features a well-established restaurant with seating for 55 and a bar area, coupled with a fully equipped kitchen and two restrooms, ensuring a seamless dining experience. On the first floor, you’ll find six comfortable en-suite suites, tailored for visitors looking for a relaxing stay with modern amenities including flat-screen TVs and air conditioning. The building was originally constructed in 1952 and beautifully renovated in 2018, combining classic charm with contemporary conveniences. There’s ample room for storage in the cellar and attic, enhancing the property's functionality. Additionally, the terrace area accommodates up to 69 guests, offering picturesque views of the river, ideal for outdoor dining. Given its strategic location, this investment not only promises steady income from the restaurant and B&B operations but also significant growth potential in a thriving tourism market. With a total living area of 280m², this property stands out as a dynamic business ready for a new owner to take it to new heights. Don’t miss your chance to own this lucrative venture in one of Algarve’s most sought-after destinations. Contact us today 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
