Your Property Specialists
Entrance
Full Screen

How can I purchase a successful restaurant in a prime location by the Arade River?

Restaurant in Ferragudo

ref. LE2162
2.550.000€
  • B-
  • 6
  • 6
  • 280m2
  • 280m2
  • Alojamento Local

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!

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   +