Investing in a restaurant and suites in Ferragudo is an excellent decision, particularly with such well-established properties on offer. Priced at €2,550,000, this investment combines the freehold of a successful restaurant with six en-suite suites, ensuring multiple streams of revenue. Situated in a prime location within the town square, only half a kilometre from the beach, this business takes advantage of both local patronage and seasonal tourism. The restaurant accommodates up to 124 guests, making it a hotspot for dining in Ferragudo. The recent renovation in 2018 means it is modern and appealing, which is vital in attracting and retaining customers. En-suite suites are convincingly designed for comfort and convenience, further boosting the occupancy rates. With free Wifi, air conditioning, and essential services at hand, guests find the property an attractive place to stay. Additionally, transmission of licenses and goodwill of the business underscore its viability. This venture is perfect for buyers looking for robust returns on investment and an opportunity to blend business with pleasure. Explore this attractive opportunity and connect with us today for more information!
• 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
