You can explore the purchase of this licensed three-cottage holiday business near Praia da Luz for €1,600,000. The property provides nine bedrooms, three tourism rental licences, a swimming pool and an extensive 14,400m² plot. It is located near Espiche in the West Algarve, with the nearest beaches approximately 1.5km away. Each cottage contains three bedrooms, a bathroom, kitchen and living area. Separate carports and storage areas help each unit function independently. Terraces and outdoor spaces provide room for guests to dine, relax and enjoy the countryside surroundings. The communal pool is a valuable feature for summer holiday bookings. A working vineyard surrounds the cottages and supplies grapes for regional award-winning red wine. This gives the business an additional agricultural identity and potential commercial appeal. The listing describes the accommodation as an operating business with good rental revenues. Buyers should request full financial records and confirm the licensing position during due diligence. Local amenities are available near Espiche and Almadena for convenient everyday living. Praia da Luz and Burgau offer nearby beaches, restaurants and waterfront activities. Golf enthusiasts can reach courses from approximately 2.5km away. Lagos is around 5km from the property and provides extensive shopping, dining and leisure choices. Faro Airport is approximately 68km away for convenient international travel. Road access, outdoor parking and storage facilities support the practical running of the rental business. Mains water, a borehole, internet, satellite television and an open fireplace are included among the property amenities. Contact us today to arrange a viewing and discuss how to purchase this Algarve holiday investment.
• 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
