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.
• 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