Investing in commercial property in Ferragudo, particularly this successful restaurant and B&B, should be a top consideration for serious buyers. Priced at €2,550,000, this property offers a unique investment potential with its established restaurant and six en-suite rooms in a prime location just steps from the Arade River and only 500 metres from the beach. Ferragudo is renowned for its picturesque views and vibrant local culture, making it an appealing spot for both tourists and residents alike.
Owning a commercial property like this one allows you to tap into the growing demand for quality dining and accommodation in the region. With a total area of 280 m², including a spacious restaurant known for serving 124 guests comfortably, this venue offers incredible flexibility for various dining styles and events. The two-storey layout further enhances this property's functionality, with the first floor dedicated to inviting guest quarters.
Investors will also appreciate the modern renovations made to the space, ensuring compliance with current standards while allowing for a charming, authentic experience. Additionally, the inclusion of furniture and operational systems means a quicker setup for new owners. Given the booming tourism industry in the Algarve region, this commercial property presents a remarkable opportunity for income generation alongside a fabulous lifestyle. Explore Ferragudo's benefits by contacting us today!
• 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
