For those seeking properties for sale that include both a restaurant and B&B, look no further than this fantastic opportunity in Ferragudo. Priced at €2,550,000, this property encompasses a successful ground-floor restaurant paired with six en-suite suites upstairs. Situated right in the bustling town square on the Arade river, it offers outstanding visibility and accessibility. The restaurant can accommodate 55 guests, providing diverse dining experiences daily from 8 AM to 10:30 PM. Each suite comes fully furnished with modern amenities, ensuring guests enjoy their stays while providing owners with lucrative rental returns. The property was fully renovated in 2018, meaning minimal upkeep for the new owner. Additionally, being only 500m from beautiful beaches, this location is ideal for attracting tourists. With substantial potential for growth and a solid pre-established reputation, this property is a rare find. Connect with us to learn more about this incredible 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
