Purchasing a restaurant and B&B in the Algarve region, especially in Ferragudo, is an investment that provides both lifestyle benefits and financial growth. This successful property offers a reputable restaurant on the ground floor and six charming ensuite B&B suites upstairs, catering to a wide array of clientele. The strategic location near the Arade River ensures frequent tourist traffic, making it a prime spot for both dining and accommodation.
With a total living area of 280m², the restaurant features seating for 124 guests, perfect for busy service days. The allure of the Algarve's beaches, coupled with on-site amenities like air conditioning and free WiFi, makes this an attractive destination for holidaymakers. Additionally, the recent renovations have positioned the establishment to appeal to modern tastes while keeping its authentic character.
The potential for high returns on investment is significant in this thriving tourism market. With the increasing influx of visitors, owning a business in this idyllic setting promises not just profit but also a vibrant lifestyle. Explore the full potential of this remarkable opportunity by contacting us for more information and to schedule a viewing!
• 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
