Acquiring a restaurant with B&B suites in Ferragudo represents a smart investment in a prime location. Priced at €2,550,000, this property offers the dual benefit of a thriving restaurant alongside six attractive ensuite B&B suites. Situated on the town square by the Arade River, it enjoys high foot traffic from locals and tourists, ensuring a sustainable revenue stream. The restaurant is designed to seat 55 inside with additional outdoor seating for 69, perfect for enjoying Mediterranean evenings. Each of the ensuite suites is well-equipped, ensuring guests have a comfortable stay. With renovations completed in 2018, this property is modern yet has retained its traditional charm. Its proximity to the beach and local attractions underscores its appeal further. Invest in this dynamic business opportunity where you can enjoy a balanced lifestyle while generating significant income. Ready to take the next step? Contact us now 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
