The investment potential of this restaurant and B&B in Ferragudo is significant. With a solid reputation established over the years, the freehold encompasses a bustling restaurant on the ground floor and six en-suite suites that cater to both short-term and long-term guests. Located in a prime location just 500 meters from the beach, this business appeals to the thriving tourist market in the Algarve. With total seating for 124 people across the restaurant and terrace, the capacity increases revenue potential, especially during peak seasons. The suites are fully equipped with modern amenities, enhancing guest satisfaction and generating repeat business. The restaurant benefits from multiple menu styles, catering to a diverse clientele. Additionally, there’s minimal competition right in the town square, providing a unique edge. The property could yield substantial return on investment with the increasing popularity of Ferragudo. The opportunity also presents an attractive proposition for foreign investment given the region's allure. Explore this promising venture and consider the possibility to schedule a visit and discover the potential firsthand.
• 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
