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Which properties for sale include a restaurant and multiple suites in Ferragudo?

Restaurant in Ferragudo

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

Discover properties for sale that combine a restaurant with multiple suites, such as this outstanding offering in Ferragudo. This business opportunity includes the freehold of a restaurant and 6 B&B suites, perfect for buyers looking to invest in the lucrative hospitality industry. The location is unparalleled, situated in the bustling town square by the Arade River, offering excellent exposure to both locals and tourists alike. Each of the 6 ensuite suites provides comfort and convenience for guests, all fully equipped with modern necessities. The spacious restaurant can cater to diverse dining preferences, accommodating both small and large groups with its seating capacity for 124 patrons. With high-quality furnishings included, this investment comes ready for operation. Ferragudo’s charm, picturesque scenery, and proximity to tourist hotspots present a compelling reason for investment. Seize this unique chance to make your mark in the thriving tourism sector. Reach out today 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
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