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!
• 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