Investing in a restaurant with accommodations in Ferragudo presents an excellent opportunity for financial growth and lifestyle benefits. This appealing property, priced at €2,550,000, hosts a successful restaurant on the ground floor along with six en-suite B&B suites that attract both tourists and locals alike. The strategic location in the town centre square, right by the scenic Arade River, ensures consistent foot traffic and visibility.
The restaurant covers a vast area of 140m², providing seating for 55 guests indoors and an additional 69 on the terrace, making it a popular choice for those seeking a meal with a view. Meanwhile, the first floor houses six luxurious en-suite suites with modern amenities, perfect for accommodating visitors. Each suite includes cable TV, hairdryers, and more, offering guests a comfortable stay.
This business model significantly boosts income potential, as the restaurant operates daily, while the B&B efficiently generates additional revenue year-round. Renovated in 2018, the property retains its classic charm while providing modern conveniences, making it an ideal investment for hospitality enthusiasts. With the beach just 500 metres away, the appeal of this business extends even further.
Investors will also appreciate the manageable annual costs, such as the €1,610 terrace rent, coupled with significant return on investment potential. This promising opportunity is ideal for anyone looking to invest in a dual-purpose property. Engage with us to discuss this endeavour further and schedule your viewing!
• 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
