Ferragudo is home to prime locations that present incredible opportunities for those looking to invest in a restaurant and B&B business. One standout property available for €2,550,000 offers both a thriving restaurant and six accommodation suites, strategically located in the town square along the scenic Arade River. This location is perfect for buyers eager to capitalize on the area’s thriving tourism sector, just 500 metres from stunning beaches and local attractions.
The restaurant has a seating capacity of 124, ensuring ample space for dining and gatherings. Fully operational and well-established, it serves a variety of appealing menu options that draw in everyday patrons and visitors alike. The suites above provide guests with a tranquil retreat after enjoying the local charm, equipped with essential amenities and modern comforts to enhance their stay.
With the total property size of 280m² and a renovation completed in 2018, it combines contemporary style with practicality, catering to modern hospitality standards. Additionally, the restaurant has various seating layouts, from casual dining to more intimate setups, making it versatile for all sorts of clientele.
This opportunity not only promises direct income through food service and guest accommodation but also allows investors to be part of a bustling community that is growing in popularity. Take advantage of this opportunity to work in the heart of Ferragudo; contact us immediately to arrange a viewing and experience its potential firsthand.
• 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
