Investing in property with a restaurant and suites in the Algarve is a lucrative opportunity found in Ferragudo. This business features a successful restaurant on the ground floor and six B&B suites situated on the first floor, making it an ideal investment for those looking to tap into the booming hospitality market. Located within the town centre square, just steps away from the Arade river and 500m from the beach, it presents an attractive lifestyle choice for owners and visitors alike. The restaurant provides a capacity for 124 guests, ensuring consistent patronage and revenue flow. Moreover, the suites are fully furnished with en-suite facilities, catering to diverse guest needs. It was renovated recently in 2018, meaning potential investors won’t need to worry about immediate refurbishments. Additional amenities include air conditioning, free Wifi for guests, and a cellar for extra storage. The proximity to local shops and experiences makes this property a convenient base for holidaymakers. A true investment like this provides both business and lifestyle benefits - whether you choose to operate it yourself or lease it out. Take action today and secure your investment by contacting us for more details.
• 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
