This outstanding 6-suite B&B and restaurant for sale in Ferragudo is located in the town centre square and is priced at €2,550,000. This unique property features a vibrant restaurant on the ground floor with seating for 55 guests and a winery-style kitchen that’s perfect for culinary creativity. Buyers looking for a complete business package will appreciate the six ensuite B&B suites situated on the first floor, designed for utmost guest comfort.
The suites are outfitted with modern amenities, including flat-screen televisions, air conditioning, and luxurious linen, creating a delightful retreat for visitors. The property also features fantastic views of the Arade River and is just a short 500-meter stroll to the local beach, ideal for attracting holidaymakers.
With a total living area of 280m², including a terrace area accommodating 69 additional diners, this business opportunity provides significant earning potential during peak tourism seasons. It’s strategically placed close to key amenities and popular attractions, ensuring a steady flow of clients.
Renovated in 2018, this property combines classic character with modern functionality. For buyers seeking to create a profitable business in a lively locale, this property represents an exceptional investment in the Algarve. Don't miss your chance to own this gem! Reach out today 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
