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Why should I invest in a restaurant and B&B in Ferragudo's town square?

Restaurant in Ferragudo

ref. LE2162
30.070.883NOK
  • B-
  • 6
  • 6
  • 280m2
  • 280m2
  • Alojamento Local

Investing in a restaurant and B&B in Ferragudo's town square presents a fantastic opportunity due to its prime location and established clientele. Listed for €2,550,000, this property combines a successful restaurant with a B&B featuring 6 en-suite suites, capitalising on the high foot traffic from tourists and locals. The restaurant boasts a spacious area suitable for 124 guests, including a well-appointed terrace that enhances outdoor dining experiences. Furthermore, the proximity to the beach—just 500m away—ensures a steady influx of visitors looking for quality dining and accommodation services. This dual business setup allows owners to benefit from diverse income sources, making it an attractive proposition for savvy investors. The building has been modernised with essential amenities, ensuring a comfortable experience for guests. There’s substantial potential for ongoing profitability and growth in this thriving market. Don’t hesitate! Contact us for more information about this incredible opportunity today!

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
Enquire Now   +