For those seeking a remarkable investment, look no further than this property for sale in Ferragudo that includes a fully operational restaurant and six en-suite suites, available for €2,550,000. Situated in a coveted location near the Arade River, this establishment combines culinary excellence with hospitality, making it an enticing prospect for serious buyers and investors alike. The property encompasses a restaurant space of 140m² that can serve up to 124 patrons, alongside a well-appointed kitchen and appealing outdoor terrace area for an additional 69 guests. The upstairs B&B features six spacious en-suite rooms, each individually furnished and equipped for a comfortable stay. Guests are provided with modern conveniences, and the property is ideally positioned just a short distance from the beach. This dual-purpose establishment not only provides immediate income but also presents significant growth opportunities in a prime tourist destination. Don't let this opportunity pass you by; contact us today to explore this exceptional property further.
• 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
