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Why is investing in a restaurant in Ferragudo a good idea?

Restaurant in Ferragudo

ref. LE1296
925.000€
  • C

Investing in a restaurant in Ferragudo presents a lucrative opportunity for several compelling reasons. Firstly, the town maintains its charming, traditional atmosphere, attracting tourists and locals alike, especially during peak seasons. Located just 400 metres from the beach, this modern restaurant's prime position boosts foot traffic, making it an ideal location for dining establishments. The property spans a vast area of 581 m², designed over two spacious floors, ensuring plenty of room for both excellent kitchen operations and a welcoming dining experience. With the restaurant already equipped with five storage rooms and facilities for staff, you can hit the ground running with minimal renovation needed. Accessibility is also a critical factor, as evidenced by the inclusion of a disabled-friendly restroom, broadening your customer base. Ferragudo's limited commercial development means less competition, enhancing the potential for strong earnings. The outdoor terrace offers opportunities for additional seating, and opening in such a picturesque town can attract a loyal customer base due to its charm and community feel. Additionally, the favourable climate facilitates year-round business, appealing to tourists and residents alike. For investors, the potential return on investment (ROI) is promising, especially given the town's appeal and established tourist attractions. If you're considering diversifying your portfolio, this restaurant is ready and waiting for you. Contact us today to embark on your journey of owning a restaurant in the beautiful town of Ferragudo!

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (Central)
Construction Year
2009
Floors
2
Usable area
576 m²
Tarmac
Parking outdoors
New Tiles
Pre-Installed AC
Double glazing, PVC
Communal gardens
• Business not in operation
• Total area 581m²
• Ground floor 408m²
• Gallery 168m²
• Constructed 2009
• Nearest beach 400m

Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close-knit community of Portuguese and expats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.

Located on the ground floor of a modern apartment building on the main street in Ferragudo, this large commercial property is designed to be very open and spacious with high ceilings and tall pillars. Consisting of two floors, the ground floor has many windows and an outside terraced area with potential to expand the seating. The ground floor consists of a large open, high ceilinged dining room and 3 client wc´s, one of which is disabled. The service area consists of a bar followed by kitchen which has 5 storage rooms, 2 staff bathrooms with shower and changing rooms. On the top floor you will find the second dining room, a large gallery which overlooks the ground floor.

Amenities

• Centrally located
• 5 storage rooms
• Disabled friendly
• Close to all amenities

Location

• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m
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