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Why invest in a restaurant with 6 B&B suites in a prime location of Ferragudo?

Restaurant in Ferragudo

ref. LE2162
2.550.000€
  • B-
  • 6
  • 6
  • 280m2
  • 280m2
  • Alojamento Local

Investing in a restaurant with 6 B&B suites in Ferragudo is a splendid opportunity priced at €2,550,000. This property not only offers a thriving restaurant but also guest accommodation in a prime location by the Arade river, making it an attractive venture for serious buyers. With successful operations already in place, this business stands to provide steady income year-round from both restaurant patrons and B&B guests.
The ground-floor restaurant boasts seating for 55 diners and is supported by a fully integrated kitchen and bar, allowing for streamlined service throughout the day. On the first floor, the six en-suite guest suites ensure comfort, each equipped with modern amenities that attract quality visitors. The property benefits from total living space of 280m² and a beautiful terrace area that can host an additional 69 guests for a delightful outdoor dining experience.
Located just 500m from the beach and surrounded by local amenities, this investment not only taps into the vibrant tourist market but also benefits from the locality’s strong community ties. Recent renovations in 2018 have modernised the space while maintaining its charming aesthetic, making it an appealing choice for guests looking for both comfort and convenience.
This property stands as a strong investment with existing goodwill from loyal customers and good reviews. Reach out today to find out more or book a viewing—your new business adventure awaits!

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1952
Renovation Year
2018
Rooms
7
Bedrooms
6
Bathrooms
6
Floors
2
Furnished
Negotiable
Living Area
280 m²
Plot Area
280 m²
Parking outdoors
Own Entrance, Fully Fitted, Modern
Storage, Office/Study
Alarm System
Double glazing, UVA Protection
Patio
Sea View, Panoramic View
• 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
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