Investing in a profitable restaurant and B&B in Ferragudo is an excellent decision for savvy buyers. This prime property, priced at €2,550,000, features a highly successful restaurant along with six ensuite B&B suites. With a strategic location on the vibrant town square by the Arade River, the restaurant boasts a strong customer base and an established reputation, making it a lucrative venture. Each of the six stylish suites is fully equipped, catering to both short and long-term guests, contributing to a robust income stream. The restaurant features modern dining facilities for 124 guests with a charming terrace, enhancing guest experiences. Additionally, you will love the convenience of being 500 metres from the beach and close to a range of local amenities. This is the perfect opportunity for investors looking to dive into the thriving hospitality market in Portugal. Contact us now to explore this exceptional investment opportunity!
• 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
