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How much do commercial vineyards with cottages cost in West Algarve?

Guesthouse in Praia da Luz

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

Are you interested in investing in commercial vineyards with cottages in West Algarve? This property, priced at €1,600,000, offers a fantastic opportunity to own three fully licensed cottages alongside expansive vineyards. Located near Espiche, this estate is ideal for buyers looking to enhance their portfolio with both residential and commercial spaces.

Each of the three cottages is equipped with essential amenities and features three bedrooms, making them ideal for families or vacation rentals. The entire property spans over 14,400m², showcasing productive grapevines that contribute to award-winning wines in the region. Guests will enjoy the convenience of a communal swimming pool, alongside the tranquil atmosphere provided by beautiful landscaped surroundings.

With the nearest beach just 1.5km away, your guests will appreciate easy access to sun and sea, while the proximity to local restaurants and shops enhances the experience. Additionally, the investment potential is significant given the existing rental permits, allowing for immediate returns.

Explore this unique opportunity by contacting us for a more detailed breakdown of the costs and benefits of owning a commercial vineyard paired with delightful cottages in the West Algarve.

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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