To purchase this successful restaurant by the Arade River, interested buyers should act quickly as prime opportunities like this do not last long. This property combines a profitable restaurant and charming B&B suites, ensuring a steady income stream. The restaurant boasts a welcoming atmosphere with seating for 124, making it perfect for dining experiences while guests enjoy picturesque riverside views.
The purchase includes the freehold building, which has been thoughtfully maintained and renovated, providing a solid foundation for ongoing business. The six ensuite B&B suites are designed for comfort, enhancing your ability to attract tourists looking for a unique stay in Ferragudo. With its location at the heart of the town, clients can enjoy the surrounding amenities, including local shops and the beach just a short stroll away.
Prospective buyers should prepare for a thorough due diligence process, which includes financial records and license examinations, to ensure a successful acquisition. This is a rare opportunity to own a well-reviewed restaurant and accommodation business in one of Portugal's prime tourist destinations. Contact us today for more details and to begin your journey as a business owner in beautiful Ferragudo!
• 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