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How much does a nine-bedroom Algarve guesthouse with a vineyard cost?

Guesthouse in Praia da Luz

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

The asking price for this nine-bedroom Algarve guesthouse with a vineyard is €1,600,000. Located near Espiche and Praia da Luz, the operating business includes three cottages with tourism rental licences, a swimming pool and approximately 14,400m² of vineyard land. It offers an established opportunity for buyers seeking a sizeable holiday rental investment in the West Algarve. Each cottage contains three bedrooms, a bathroom, kitchen and living area. Together, the cottages provide nine bedrooms and 219m² of living space. The usable area is approximately 291m², creating a practical layout for guest accommodation. All three units have their own outdoor space, terraces, carports and storage areas. A communal swimming pool gives holiday guests an attractive place to relax during the warmer months. The vineyard produces grapes used to make regional award-winning red wine. This agricultural element adds a distinctive commercial and lifestyle dimension to the property. The estate is described as an operating business with good rental revenues. Its tourism licences may allow a new owner to continue the existing accommodation use, subject to the appropriate checks and transfer requirements. The location is only 1.5km from the nearest beaches and the coastline. Praia da Luz and Burgau are both within easy reach for restaurants, shops and seaside activities. Lagos is approximately 5km away and provides a wider range of services, dining, culture and marina facilities. Golf courses are around 2.5km from the estate, appealing to guests who enjoy golf holidays. The motorway provides convenient connections towards Faro Airport, approximately 68km away. Mains water, mains drainage, mains electricity and a borehole support the property and vineyard operations. Contact us now to arrange further information and schedule a viewing of this Algarve guesthouse for sale.

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   +