Investing in this exclusive restaurant and B&B business in Algarve is straightforward and promising. Located in the heart of Ferragudo, the property combines operational success with significant income potential through its 6 ensuite guest suites. The restaurant, boasting a rich ambiance and a seating capacity that accommodates 124 guests, ensures a steady influx of clientele. With a well-established brand and goodwill included in the sale, new owners can hit the ground running. The hospitality sector in Algarve is booming, making now an opportune time to invest here. Just a stone’s throw from the beach, this location benefits from high tourism rates year-round. Plus, the previous renovations done in 2018 enhance the appeal and functionality of the venue. Don't miss your chance to join this vibrant community and tap into the lucrative market of Ferragudo. Take action today by contacting us to find out more about this exciting opportunity!
• 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