In the heart of Ferragudo town centre, a remarkable commercial opportunity is available for purchase at €2,550,000. This property encompasses a successful restaurant along with six modern B&B suites, making it a prime investment for anyone interested in the hospitality industry. The centrally located building not only offers an operational restaurant with seating for 55 but also features six ensuite rooms that cater to visiting guests.
The property boasts stunning views of the Arade River and is just a stone's throw away from the beach, making it particularly attractive to tourists. As a well-established business, this restaurant is renowned for its diverse menu and has the capacity for additional outdoor dining with seating for 69 people.
With more than 140m² of living space and continuous patronage in a vibrant touristic area, the investment potential here is robust. Ideal for new and seasoned investors alike, this property stands out for its revenue-generating capabilities and strategic location.
Equipped with modern facilities following a renovation in 2018, it’s ready for the next owner to step in and continue its legacy. If you're exploring opportunities to invest in Ferragudo’s thriving business landscape, don’t hesitate to contact us for more details or 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