Financing options for acquiring a successful restaurant and B&B in Ferragudo can include traditional bank loans, private investors, or even partnerships, given the robust nature of this business. With an asking price of €2,550,000, this property is not only a purchase but an investment in a thriving hospitality business with immediate cash flow support from existing operations. Buyers can explore various financing strategies, such as leveraging the existing revenue generated from the restaurant and B&B to secure advantageous loan terms. There are also potential government incentives available for those investing in the hospitality sector within Portugal's Algarve region. The appealing location enhances your chances of securing financing due to the property’s established customer base and the significant tourism influx. This property is ideally located near the river, with elegant suites and a lively restaurant atmosphere. It's a rare investment opportunity with potential for profitability and growth. For financing consultations or queries about the property, contact us 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
