Investing in this centrally located Ferragudo restaurant could give buyers a prominent hospitality premises just 400 metres from the beach. The property is for sale at €925,000 and combines substantial internal space with a coastal Algarve setting. Its position in the centre of Ferragudo may support owner-operation, commercial rental or a future restaurant concept. The business is currently not in operation, allowing an investor to shape the branding, management and offer from the outset. At approximately 581m², it provides considerably more space than many small-town hospitality venues. The ground floor measures around 408m², while the gallery and upper dining area add further capacity. Two distinct dining areas enable different seating styles and customer experiences. An outdoor terrace creates potential for al fresco service, subject to the necessary authorisations. The open-plan layout is enhanced by high ceilings, tall pillars and large windows. A substantial commercial kitchen is already incorporated into the service area. Five storage rooms can help reduce operational pressure by separating stock, supplies and equipment. Staff amenities include two bathrooms with showers and changing rooms. Three client bathrooms are available, including one suitable for disabled access. The central location places the premises close to everyday amenities, cafés, bars and other restaurants. Ferragudo attracts a mix of Portuguese residents, expatriates, holidaymakers and day visitors. Its whitewashed homes, cobbled lanes and riverfront setting preserve a strong sense of local identity. Praia Grande, Angrinha beach and the Castelo de São João provide nearby leisure and visitor attractions. The nearest golf course is approximately 4 kilometres away, adding appeal for tourism-related trade. Faro Airport is around 66 kilometres from the property, supporting access for international visitors and potential hospitality staff. Although projected ROI will depend on the business model, trading performance and operating costs, the layout offers several routes to generate commercial income. Contact us now to evaluate the investment potential and arrange a private viewing in Ferragudo.
• Business not in operation
• Total area 581m²
• Ground floor 408m²
• Gallery 168m²
• Constructed 2009
• Nearest beach 400m
Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close-knit community of Portuguese and expats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.
Located on the ground floor of a modern apartment building on the main street in Ferragudo, this large commercial property is designed to be very open and spacious with high ceilings and tall pillars. Consisting of two floors, the ground floor has many windows and an outside terraced area with potential to expand the seating. The ground floor consists of a large open, high ceilinged dining room and 3 client wc´s, one of which is disabled. The service area consists of a bar followed by kitchen which has 5 storage rooms, 2 staff bathrooms with shower and changing rooms. On the top floor you will find the second dining room, a large gallery which overlooks the ground floor.
Amenities
• Centrally located
• 5 storage rooms
• Disabled friendly
• Close to all amenities
Location
• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m