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How much does a commercial property with two dining areas in Ferragudo cost?

Restaurant in Ferragudo

ref. LE1296
925.000€
  • C
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This modern commercial property with two dining areas in the heart of Ferragudo is currently priced at €925,000, presenting a valuable investment opportunity. Spanning 581 m², it includes a spacious ground floor with a high-ceilinged dining room that can easily host numerous guests, alongside an additional dining area on the upper floor.

Located just 400 metres from the beach, the restaurant is strategically positioned to attract both frequent visitors and year-round residents, making it an ideal spot for a thriving commercial venture. The thoughtful design of the property includes a large commercial kitchen equipped with multiple storage rooms, and staff amenities to ensure smooth operations.

Moreover, Ferragudo's vibrant culture and community appeal further enhance this property’s value. The surrounding area offers a mix of quaint traditional charm alongside modern conveniences, providing a unique backdrop that appeals to patrons looking for an authentic dining experience.

With the nearest golf course and other recreational activities within proximity, this location benefits from elevated foot traffic. For buyers seeking a profitable venture in one of Algarve's most sought-after locales, this restaurant offers a solid investment. Don’t miss out on this opportunity; get in touch to learn more!

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (Central)
Construction Year
2009
Floors
2
Usable area
576 m²
Tarmac
Parking outdoors
New Tiles
Pre-Installed AC
All mains
Double glazing, PVC
Communal gardens
• Business not in operation
• Total area 581m²
• Ground floor 408m²
• Gallery 168m²
• Constructed 2009
• Nearest beach 400m

Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close-knit community of Portuguese and expats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.

Located on the ground floor of a modern apartment building on the main street in Ferragudo, this large commercial property is designed to be very open and spacious with high ceilings and tall pillars. Consisting of two floors, the ground floor has many windows and an outside terraced area with potential to expand the seating. The ground floor consists of a large open, high ceilinged dining room and 3 client wc´s, one of which is disabled. The service area consists of a bar followed by kitchen which has 5 storage rooms, 2 staff bathrooms with shower and changing rooms. On the top floor you will find the second dining room, a large gallery which overlooks the ground floor.

Amenities

• Centrally located
• 5 storage rooms
• Disabled friendly
• Close to all amenities

Location

• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m
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