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How can I invest in a guesthouse with a pool and vineyard in Algarve?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Wondering how to invest in a guesthouse with a pool and vineyard in Algarve? Look no further than this amazing property featuring three fully licensed cottages, complete with a communal pool and a commercial vineyard. Priced at €1,600,000, this guesthouse offers an incredible chance for investors who want to capitalise on the booming rental market in West Algarve. Each cottage includes three bedrooms and ample living space, perfect for holidaymakers seeking a relaxing escape near the beach. The vineyard not only adds aesthetic appeal but also the potential for producing award-winning wines, which can further attract tourists. Located just 1.5km from stunning coastal towns and close proximity to golf courses, this property offers a blend of relaxation and adventure. A unique investment opportunity awaits those looking to make their mark in the hospitality sector. Don't miss this chance; contact us for more information!

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
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