Considering a restaurant and B&B business in a prime location like Ferragudo is an excellent prospect due to its vibrant tourism and local community. This unique property, available for €2,550,000, combines a successful restaurant on the ground floor with six inviting B&B suites on the first floor, maximising commercial potential. Located in the heart of the town square by the picturesque Arade river, it draws a steady stream of customers year-round. The significant investment includes a restaurant area capable of seating 55 diners and a well-designed reception area for the B&B, making it highly functional for both guests and staff. Renovated in 2018, the facilities are contemporary and able to cater to modern expectations. Attracting tourists just 500m from the beach is an additional bonus, as is the proximity to local amenities. This dual business model promises diversified income streams and boosts investment appeal. Entrepreneurs seeking a welcoming community and a fruitful business opportunity should definitely consider this. Get in touch with us to find out more!
• 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
