The Ferragudo restaurant for sale offering 581m² across two floors and a gallery is this modern commercial venue priced at €925,000. It provides approximately 408m² on the ground floor and a 168m² upper gallery, with the nearest beach around 400 metres away. Buyers looking for a sizeable restaurant investment in the Algarve can use the two-level design as the foundation for a new hospitality concept. The business is currently not in operation. The ground floor presents a broad open-plan dining room with high ceilings and prominent pillars. An abundance of windows helps create a bright customer-facing environment. The service section incorporates a bar followed by a large commercial kitchen. Five storage rooms offer considerable room for supplies and business equipment. Two staff bathrooms include showers and changing rooms for operational convenience. Three client bathrooms are provided, one of which is adapted for disabled guests. The upper gallery overlooks the ground-floor dining space and forms a second area for customer seating. This could be suitable for private dining, functions or a separate restaurant section, depending on the owner’s plans and required approvals. An external terrace provides the possibility of outdoor seating in Ferragudo’s coastal climate. The property was constructed in 2009 and includes pre-installed air conditioning. Double-glazed PVC windows and all mains services add to its practical specification. Its position on the main street places the premises close to local shops, cafés, bars and restaurants. Ferragudo is a charming fishing town on the mouth of the River Arade, known for its traditional architecture and relaxed atmosphere. Nearby attractions include the riverside, Angrinha Beach, Praia Grande, a historic castle and a small lighthouse. Golf is approximately 4 kilometres away, while Faro Airport is about 66 kilometres from the property. The scale and layout may provide rental or owner-operated potential, but projected ROI will depend on demand, costs, permissions and business execution. Contact us now to arrange a viewing of this versatile restaurant for sale in Ferragudo.
• 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
