Investing in a restaurant with B&B options in Ferragudo is an excellent decision due to the region’s bustling tourist trade and vibrant community. This property comes with a successful restaurant and six comfortable B&B suites, providing multiple income streams and minimising risk. The restaurant’s location in the town square means high footfall and visibility, while the proximity to beautiful beaches enhances guest appeal. Recent renovations ensure everything from the restaurant to the suites is modern and guest-ready. The potential for growth is significant, with the ability to host events or extend the menu offerings to cater to special occasions. Each suite is designed with guest comfort in mind, featuring en-suite bathrooms and modern conveniences like flat-screen TVs and WiFi. As tourism continues to thrive in the Algarve, a dual offering in hospitality positions this business favourably for maximum revenue. Moreover, owning property in such a sought-after location offers not just financial returns but also the lifestyle benefits of operating in one of Europe’s most picturesque towns. This is an investment opportunity not to be missed; contact us now to learn more or 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
