If you are in search of properties that include both a restaurant and guest accommodations in the Algarve, this remarkable investment opportunity is now available for £2,550,000 in Ferragudo. Embedded in the town square with stunning views of the Arade River, this thriving property comprises a successful ground floor restaurant and six fully furnished en-suite B&B suites on the first floor. The restaurant, with seating for 55, is noted for its diverse culinary offerings tailored to a variety of tastes, thus creating a loyal customer base. Just a short walk from the beach and local amenities, the location is ideal for attracting guests year-round. Potential buyers will appreciate the well-appointed kitchen, modern bar, and a terrace area that can accommodate additional outdoor dining, enhancing the overall guest experience. In total, the property spans 280m², providing a generous area for operation and relaxation. Investing in this type of dual business structure presents a unique opportunity to maximise revenue from both dining and short-term accommodation streams. Given its operational status and ongoing booking potential, you can step into a profitable business while also enjoying the serene lifestyle that the Algarve has to offer. Don’t miss out on this rare chance; contact us today to learn more and 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
