Investing in a restaurant and B&B business in the town centre of Ferragudo offers unmatched advantages. The property is located in a prime area by the Arade River, making it an attractive destination for tourists and locals. With an asking price of €2,550,000, the investment entails not only acquiring a piece of real estate but also an already profitable business model consisting of a bustling restaurant and 6 high-quality guest suites. This unique combination provides diversified income streams—a major earning potential especially during the tourist season. Constructed in 1952 and renovated in 2018, the property’s aesthetics blend classic charm with modern convenience, making it appealing to discerning guests. The operation includes around 280 m² of usable space and is fully functional with 124 total seating capacity. Moreover, the location is strategically set just 500m from the beach, ensuring consistent foot traffic and increasing profit potential. Buyers will appreciate the comprehensive financing options available for such a lucrative investment. Don't miss out on this opportunity—contact us now to explore this unique investment!
• 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
