For those looking to explore properties in Ferragudo that combine restaurant and B&B opportunities, there is a standout option currently available. This flourishing property not only includes a restaurant with an impressive seating capacity of 55 but also features six well-appointed en-suite rooms that draw business year-round. With an asking price of €2,550,000, this investment offers significant potential for both income and lifestyle enhancements. Set in the town centre on the picturesque Arade river, it enjoys proximity to local attractions and amenities, ensuring a steady influx of customers. The restaurant is fully operational, complete with a bar area, kitchen, and multiple dining options to cater to different markets. The B&B side draws in tourists, capitalizing on Ferragudo’s charm and accessibility. Renovated in 2018, the property boasts modern comforts while preserving its unique character. It's an attractive investment for anyone looking to enter the hospitality market in the Algarve. Don’t miss out on this opportunity—contact us now to find out more about this uniquely positioned property.
• 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
