Investing in a restaurant and B&B business in Ferragudo presents an excellent opportunity for savvy investors, with a competitive price of €2,550,000. This thriving establishment consists of a well-established restaurant and six-en-suite B&B suites located in a vibrant town square. The dual business model positions you perfectly to benefit from concurrent income streams: the restaurant operates with a full capacity of 124 seats, appealing to both locals and tourists, while the B&B offers comfortable accommodation just a stone’s throw from the beach. With rooms fully furnished and thoughtfully designed to ensure guest satisfaction, you will enhance repeat bookings and positive reviews. Moreover, recent renovations, completed in 2018, provide modern facilities that meet today’s hospitality standards, maximizing both guest experience and operational efficiency. With rentals in the Algarve continuing to thrive and attract visitors year-round, your investment is poised for strong ROI. Join the ranks of successful businesses in this popular tourist destination. If you see the potential, reach out to us today to discuss this 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
