Investing in this two-floor restaurant near Ferragudo beach gives buyers a substantial commercial venue only 400 metres from the coast. The asking price is €925,000 for approximately 581 m² of space. Its central Algarve location may appeal to operators targeting residents, holidaymakers and seasonal beach visitors. The restaurant is arranged across a 408 m² ground floor and a 168 m² gallery. Two separate dining areas create flexibility for different service styles, private functions or future layout changes. The gallery overlooks the ground-floor dining room and adds visual interest to the customer experience. A terrace provides the option of outdoor seating and may offer room for expansion, subject to authorisation. The venue includes a bar and a large commercial kitchen ready for a buyer’s proposed fit-out and operational plan. Five storage rooms can help separate food supplies, equipment and operational stock. Staff have access to two bathrooms with showers and changing facilities. Three client bathrooms are available, with one designed for disabled access. High ceilings, tall pillars and generous windows contribute to a bright and spacious atmosphere. The property is currently not in operation, so a purchaser can develop a new brand and business model. Ferragudo is a traditional fishing town located beside the River Arade. Its cobbled lanes, whitewashed buildings and riverside restaurants provide an appealing setting for hospitality. Praia Grande and other beaches create opportunities for daytime dining, evening meals and seasonal trade. The nearest golf course is approximately 4 kilometres away, while Faro Airport is about 66 kilometres from the town. Pre-installed air conditioning, double glazing and mains utilities support practical business use. Any rental income, turnover or ROI would depend on the operating concept, permissions, costs and market performance. Contact us to arrange a viewing and evaluate this restaurant investment 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
