|  | | | Portuguese Property For Sale
Ferragudo Lagoa Algarve Portugal Play Centre Restaurant Commercial | | Commercial Property Play Centre/Restaurant Airport 30-60 kms
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| The property is comprised of 6000 square metres of land 1 1/2acres. The main building is 380 square metres and is currently run as a children’s play park and licensed as a snack bar / restaurant. The owners, an
English couple, have spent the past 5 years working with local families of all nationalities and have built up a thriving business with a friendly clientele. Out buildings: Small house in need in renovation approximately 50 square metres. 380m2 comprising large kitchen, toilets, indoor play park, 2 covered terraces 6000m2 with manicured garden area. Entrance from the main road into a car park for 30 cars. The covered front entrance terrace is 2m x 20m, the rear
enclosed terrace can open and is 4m x 20m, the roof terrace above is 350m2 and is accessible up the tiled stairs to the right hand side. There are separate shower rooms built on the same side.
| | Currently under consideration with the Camara of Lagoa is the proposal to build, above the existing building, either one spacious home or several apartments with views of the sea to the south (beaches 5 mins drive) and the Monchique mountains to the north. As it is now the property could be used as a fabulous restaurant with views from the terrace across the golf course or from the roof terrace towards the sea, alternatively the 350
square m plot could be turned into a palatial villa, which in this position would be worth several million euros.
| | The close proximity of the existing local golf courses,
Gramacho and Pinta are a 5 minute walk and permission has been granted to Pestana golf for a new course which will be less than half a kilometer away. The closest village Ferragudo, has an exciting new project for a marina and conference centre which will only serve to improve property prices in the area. Carvoiero, one of the most sought after resorts in the Algarve, is only 10 mins drive. There are excellent motorway links to the airport, a 40 min drive.
It is in a quiet country location which is only 2km from the quaint fishing village of Ferragudo and 5km to the city of Lagoa and the city port of Portimao.
| | Price £560,000 (GBP) Currency Converter |
Contact Mr Millward Email Click Here Tel +351 282 461 122 | |
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