The prime location you’re looking for in Ferragudo is in the town square, where a fantastic business opportunity awaits—comprising a busy restaurant and six well-appointed B&B suites for sale at €2,550,000. Nestled along the scenic Arade river, this property not only offers a dynamic dining experience but also a comfortable accommodation offering for visitors looking to explore the beautiful Algarve region.
The bustling restaurant covers 140m², featuring seating for 55 patrons along with an inviting bar area and fully equipped kitchen ready for operation. The B&B suites on the first floor, with a total of six en-suite rooms, provide premium comfort for guests, equipped with modern amenities. This includes flat-screen TVs, hairdryers, and complimentary Wi-Fi, ensuring guest satisfaction.
The charming property has been recently renovated in 2018, preserving its traditional character while enhancing its modern appeal, making it an attractive choice for hospitality seekers. The outdoor terrace, with a capacity for 69 additional seats, allows for enjoyable dining against the backdrop of the stunning river views, enhancing the guest experience.
As Ferragudo’s popularity continues to rise, with its close proximity to the beach (only 500m away) and local attractions, your investment is poised for success. Explore the opportunity to own this dual-profit business in a highly sought-after location. Reach out now to schedule a viewing!
• 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
