Investing in a restaurant and accommodation business in Ferragudo represents an unparalleled opportunity for potential buyers. Priced at €2,550,000, this property features a successful restaurant and six B&B suites located in the vibrant town centre, just steps from the beautiful Arade River. The strong local tourism industry ensures a solid return on investment with potential for substantial income via both the restaurant and guest accommodation. With a total living area of 280m², this offering provides a comprehensive hospitality experience with ample seating and modern facilities. After recent renovations, both the restaurant and suites offer a fresh, appealing environment for guests, inviting repeat visits. Situated in a prime location near popular local attractions, guests can easily access the beach and surrounding amenities, making it a sought-after destination. The operational flexibility, with menus catering to all tastes and significant outdoor seating capacity, further increases appeal. More so, additional features like free Wi-Fi and air conditioning enhance the guest experience, making the property a highly attractive investment. Don't miss the opportunity to transform your career - contact us today to explore this enticing business prospect!
• 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
