This well-established restaurant and six B&B suites in Ferragudo is available for €2,550,000. This investment offers a freehold property with significant business goodwill included. The ground floor features a successful restaurant with seating for 55 patrons, while the upper floor includes six ensuite bedrooms, each equipped with modern amenities. Located in the bustling town square by the Arade River, it benefits from high visibility and foot traffic. The restaurant operates daily from 08.00 to 22.30, serving diverse culinary options with a comprehensive bar area. Just 500m from the beach, it attracts both locals and tourists alike. The B&B suites offer a tranquil retreat with proximity to local attractions and amenities, ensuring a steady stream of guests. With a combined living area of 280 m² and a terrace that seats 69, this property is an ideal investment for anything from hospitality ventures to lifestyle businesses. Don’t miss this opportunity to invest in a profitable property in a prime location. Contact us today to discuss this exciting business opportunity further!
• 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
