For those searching for properties for sale in Ferragudo that include both restaurant and accommodation facilities, this outstanding opportunity is perfect for you. Priced at €2,550,000, this property features a well-established restaurant and 6 en-suite B&B suites, making it a unique investment in the vibrant Algarve region. Located in the centre square, just steps from the Arade river, this property offers guests stunning views and a bustling atmosphere.
The restaurant operates smoothly and comfortably seats 55 guests, complemented by additional outdoor terrace seating for 69 others. The spacious living area extends over 280m², ensuring ample space for both dining and guest accommodation. The en-suite suites are designed to provide comfort for tourists, each equipped with modern amenities.
Renovated in 2018, this well-maintained property combines charm with contemporary comforts, which is a significant draw for potential guests. Its prime location, just 500m from the beach and near local attractions, ensures a steady flow of customers. Whether looking to operate a hospitality business or seeking a robust investment opportunity, this property covers all bases.
Additionally, the investment potential for holiday rentals is vast, given the high tourist demand in this area. Don’t miss this exceptional opportunity to own a profitable business in Ferragudo. Contact us today to arrange your viewing and explore this lucrative opportunity!
• 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
