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Which business opportunities are available in Ferragudo with waterfront views?

Restaurant in Ferragudo

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

Ferragudo offers remarkable business opportunities, especially for those looking for waterfront views like this successful restaurant with attached B&B suites. Positioned directly by the picturesque Arade River, this property covers a unique blend of hospitality and dining that draws both locals and tourists. The operation consists of a well-established restaurant and six ensuite suites, creating an attractive proposition for anyone in the hospitality sector.

The stunning views complemented with excellent outdoor terrace seating for 69 create a captivating dining experience. The location is vital for attracting tourists who wish to enjoy the essence of Ferragudo, combined with high-quality services in dining and accommodation. The real estate market in this area is on the rise, offering promising returns on investment.

Renovated in 2018, the building meets modern hospitality standards while retaining its charming character. Buyers will appreciate the robust income potential, whether through restaurant service or guest accommodations for short- and long-term stays. Discover this golden opportunity to own a delightful business in a beautiful coastal town; reach out now to learn more!

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   +