You can purchase a thriving restaurant and B&B business opportunity located in the heart of Ferragudo. This exceptional property features 6 en-suite B&B suites on the first floor, alongside a successful restaurant with seating for 55 on the ground floor. The restaurant operationally caters to up to 124 guests and includes a well-equipped bar and kitchen, making it perfect for buyers looking to invest in an established establishment. Spanning approximately 280 m², this building is thoughtfully positioned in the town square with stunning views of the Arade River, just 500m from the beach. The property, constructed in 1952 and renovated in 2018, also boasts a terrace with seating for 69 patrons, ideal for capitalising on the beautiful Algarve weather. The B&B is fitted with all necessary amenities such as flat-screen TVs, hairdryers, and air conditioning, ensuring guest satisfaction and comfort, which is vital for repeat business. With proximity to local amenities and only a short distance from the beach, the investment potential here is significant. As a freehold purchase, you gain not just the property but also the goodwill of a well-regarded business. Don’t miss this opportunity to invest in a profitable venture that shows strong rental potential. 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
