Your Property Specialists
Machine house
Full Screen

Are three individually licensed holiday cottages with a shared pool and vineyard available to buy in Espiche?

Guesthouse in Praia da Luz

ref. LW1100
11.911.638CNY
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Yes, three individually licensed holiday cottages with a shared swimming pool and vineyard are available to buy near Espiche in the West Algarve. The asking price is €1,600,000 for the operating guesthouse business, accommodation and 14,400 m² agricultural plot. The location is close to Espiche and approximately 1.5 km from the nearest beaches. The three cottages are fully furnished and collectively provide nine bedrooms. Each one contains three bedrooms, a bathroom, kitchen and living area. Guests have access to terraces, outdoor areas and a communal pool. Carports, storage spaces and parking on the estate support convenient holiday stays. The surrounding vineyard is used to cultivate grapes for regional award-winning red wine. Buyers may continue the existing accommodation model or explore complementary wine and countryside tourism concepts. The property offers 219 m² of living area and 291 m² of usable space. Praia da Luz and Burgau are nearby coastal destinations with beaches, restaurants and local services. Lagos is roughly 5 km away and provides a wider selection of shops, leisure facilities and dining venues. Golf courses are located approximately 2.5 km from the cottages. Faro Airport is around 68 km away, making the estate accessible to overseas owners and visitors. A nearby school and local amenities add convenience for longer stays and staff requirements. The infrastructure includes mains water, mains electricity, drainage and a borehole. Internet, satellite television, open fireplaces and shutters contribute to a comfortable guest environment. The existing tourism licences and reported rental revenues may provide a useful foundation for assessing future occupancy and ROI. Contact us now to confirm availability, inspect the licensing documentation and arrange a viewing near Espiche.

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• Operating Business
• Plot 14400m²
• Living area 219m²
• All 3 cottages complete with tourism licenses
• Close to amenities, beach and golf
• Good rental revenues
• Nearest Beach: 1.5km

These properties are located a few kilometres outside of Lagos, a short distance from local shops, golf courses and the coastline along with its beaches.

Each cottage has 3 bedrooms, a bathroom, kitchen and living area as well as carport and storage space. There is also outside space, terracing and a communal swimming pool so that the area can be enjoyed in the holiday season too.

Surrounding the properties are over 14,000m2 of land used to cultivate grapes to make regional award-winning wine. This estate can be easily accessed from the main road, and with parking spaces onsite, this would make a perfect commercial rental opportunity.

Amenities

• Mains water and borehole
• Storage
• Carport
• Shutters
• Open fireplace
• Sat-TV and Internet

Location

• Distance to Sea: 1.5km
• Nearest Beach: 1.5km
• Nearest Golf: 2.5km
• Airport: 68km
• Nearest School: 500m
• Nearest major town (Lagos): 5km
Enquire Now   +