Among the available properties in Ferragudo, this one stands out for its comprehensive business opportunities. It features a successful restaurant on the ground floor along with six B&B suites above, creating a unique hospitality experience that attracts diverse clientele. This property is strategically located in the bustling town square, just a stone's throw from the Arade river and only 500 metres from the beach, making it an ideal spot for both tourists and locals. Guests benefit from modern amenities, including WiFi and air conditioning in each suite. The restaurant offers extensive seating and versatile menus, allowing a catering expansion for events. With recent renovations upgrading its facilities, this commercial property presents a turn-key solution for entrepreneurs. Investors will appreciate the strong business potential in a popular tourist destination like Ferragudo, especially with the significant rental demand in the area. This opportunity represents an attractive addition to any investment portfolio. For more information or to explore this promising property, reach out to us today!
• 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