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Restaurant in Ferragudo

ref. LE2162
2.376.297CHF
  • B-
  • 6
  • 6
  • 280m2
  • 280m2
  • Alojamento Local

Ferragudo is a prime location that offers exceptional commercial real estate with attractive restaurant and B&B opportunities. This property blends the charm of a successful restaurant with six well-appointed B&B suites, creating an ideal business model for those looking to invest in hospitality. Set in the bustling town centre square, it's perfect for exciting tourists and locals alike, being just 500 metres from the beautiful beach and close to essential amenities.

The commercial property spans a total living area of 280 square metres. The ground-floor restaurant will seat 55 guests and is enhanced with an inviting terrace capable of accommodating 69 patrons, creating a vibrant dining atmosphere. Meanwhile, each B&B suite offers comfort and modern conveniences, ensuring guests will have a delightful experience during their stay.

With a competitive purchase price of €2,550,000, this investment not only covers the freehold of the property but also includes the goodwill accumulated over years of successful operation. Ferragudo’s picturesque setting and flourishing tourism make this property an excellent choice for individuals looking to dive into the lucrative hospitality market.

Don't wait to explore the immense potential Ferragudo holds for your next investment. Reach out to us for a viewing or further details!

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1952
Renovation Year
2018
Rooms
7
Bedrooms
6
Bathrooms
6
Floors
2
Furnished
Negotiable
Living Area
280 m²
Plot Area
280 m²
Parking outdoors
Own Entrance, Fully Fitted, Modern
Storage, Office/Study
Alarm System
Double glazing, UVA Protection
Patio
Sea View, Panoramic View
• 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
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