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Where can I buy a restaurant with B&B suites in Ferragudo?

Restaurant in Ferragudo

ref. LE2162
2.550.000€
  • B-
  • 6
  • 6
  • 280m2
  • 280m2
  • Alojamento Local

This exceptional property in Ferragudo presents a unique opportunity to buy a successful restaurant accompanied by 6 B&B suites. Situated in the vibrant town centre square on the scenic Arade river, this investment combines both hospitality and culinary appeal, making it perfect for serious buyers looking to capitalise on the Algarve's tourism. The ground floor features a well-established restaurant with seating for 55 guests, a bar area, and a fully-kitted kitchen ideal for serving various menu options. Upstairs, you’ll find 6 ensuite bedrooms, comfortably equipped with modern amenities including flat-screen TVs and air conditioning. The property's total living area spans approximately 280m², with a terrace offering additional seating for 69 guests. Renovated in 2018, this freehold investment ensures a blend of historical charm and modern comfort. With its prime location just 500m from the beach, it's also close to popular amenities and local attractions. This is a rare chance to own a thriving business in one of the Algarve's most sought-after locales. Don't miss out on this lucrative investment opportunity! Contact us now to arrange a viewing.

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1952
Renovation Year
2018
Rooms
7
Bedrooms
6
Bathrooms
6
Floors
2
Furnished
Negotiable
Living Area
280 m²
Plot Area
280 m²
Parking outdoors
Own Entrance, Fully Fitted, Modern
Storage, Office/Study
Alarm System
Double glazing, UVA Protection
Patio
Sea View, Panoramic View
• 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
Enquire Now   +