Discover a highly lucrative opportunity to invest in a thriving restaurant and B&B in the heart of Ferragudo. This commercial property is currently available for sale, offering a freehold building along with the goodwill of a successful restaurant and 6 en-suite guest suites. The restaurant operates with a seating capacity for 55 guests, complemented by a bar area and a fully equipped kitchen, making it perfect for buyers looking to expand their portfolio in the vibrant Algarve region. Located just 500 metres from the beach, this prime location also boasts views of the Arade River, enhancing its appeal to tourists and locals alike. The property includes a generous 280m² of usable area spread across two floors, providing plenty of space for both dining and accommodation. Each suite is furnished with modern amenities, including flat-screen TVs, ensuring guests enjoy a comfortable stay. With consistent foot traffic in the town centre square, the restaurant benefits from daily operations, ideal for immediate revenue generation. Close to all local amenities and attractions like golf courses, this investment offers an exceptional rental potential. Opportunities like this in Algarve are rare, so don’t miss out! Contact us now to schedule a viewing and secure your next investment.
• 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
