The asking price for this remarkable opportunity to purchase a successful restaurant and B&B business in Ferragudo is €2,550,000. This investment includes the freehold of the property and the goodwill of two well-established businesses, ideal for buyers looking to invest in a profitable venture. With a ground-floor restaurant accommodating 55 guests, plus six ensuite B&B suites on the first floor, buyers have a unique chance to thrive in a sought-after location.
Situated in the charming central square of Ferragudo, this property offers stunning views of the Arade River and is only 500 meters from the beach. The restaurant features a modern kitchen and a bar area, making it perfect for culinary enthusiasts. The B&B suites are well-appointed with flat-screen TVs and air conditioning, providing a comfortable stay for guests.
Renovated in 2018, the premises boast contemporary features along with the classic charm of a 1952 build. This business opportunity includes a terrace area for outdoor dining, enhancing the overall guest experience and adding additional seating for 69 people.
The property is centrally located, close to amenities and popular tourist attractions, making it an ideal spot for visitors. With the potential for year-round income, this property is perfect for investors looking for a stable ROI in the thriving Algarve region. Don't miss out on this unique investment opportunity in Ferragudo. Contact us now to schedule a viewing!
• 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
