An Algarve restaurant investment property with a gallery, terrace and extensive storage is available to buy in Ferragudo for €925,000. The venue measures approximately 581 m² across two levels, offering significant scope for a restaurant, hospitality concept or other permitted commercial use. Its central position is approximately 400 metres from the nearest beach and close to everyday amenities. The main dining room occupies much of the 408 m² ground floor. A 168 m² gallery on the upper level overlooks the dining space and creates a distinctive architectural feature. The terrace offers the possibility of extending outdoor seating, subject to any necessary approvals. Five storage rooms provide useful capacity for food supplies, furniture, cleaning materials and business equipment. The large commercial kitchen is arranged behind the bar and service area. Two staff bathrooms, showers and changing rooms support day-to-day operations. Three customer bathrooms are provided, with one designed for disabled access. High ceilings and tall pillars give the interior a spacious, open-plan feel. Numerous windows bring natural light into the ground-floor restaurant area. The property was constructed in 2009 within the modern Edifício Belchior development. Pre-installed air conditioning is included in the specification. Double glazing and PVC windows add practical appeal for a commercial buyer. Mains electricity, water and drainage are connected. The business is not currently operating, allowing an investor to introduce a new brand or hospitality model. Ferragudo is a traditional fishing town at the mouth of the River Arade. Its cobbled streets, whitewashed buildings, riverfront dining and nearby beaches support a compelling visitor economy. The setting also benefits from being around 4 kilometres from golf and 66 kilometres from Faro Airport. Contact us to review the opportunity and schedule a viewing.
• Business not in operation
• Total area 581m²
• Ground floor 408m²
• Gallery 168m²
• Constructed 2009
• Nearest beach 400m
Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close-knit community of Portuguese and expats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.
Located on the ground floor of a modern apartment building on the main street in Ferragudo, this large commercial property is designed to be very open and spacious with high ceilings and tall pillars. Consisting of two floors, the ground floor has many windows and an outside terraced area with potential to expand the seating. The ground floor consists of a large open, high ceilinged dining room and 3 client wc´s, one of which is disabled. The service area consists of a bar followed by kitchen which has 5 storage rooms, 2 staff bathrooms with shower and changing rooms. On the top floor you will find the second dining room, a large gallery which overlooks the ground floor.
Amenities
• Centrally located
• 5 storage rooms
• Disabled friendly
• Close to all amenities
Location
• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m
