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

Guesthouse in Praia da Luz

ref. LW1100
1.507.480CHF
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

The asking price for this nine-bedroom guesthouse with a commercial vineyard in the West Algarve is €1,600,000. It offers three separate cottages, each with three bedrooms, a tourism rental licence and access to a communal swimming pool. Located near Espiche and Praia da Luz, the operating business combines holiday accommodation with 14,400m² of agricultural land. The total living area is approximately 219m², with 291m² of usable space. Each cottage includes a bathroom, kitchen, lounge and dining area. Carports and storage areas provide practical support for owners and guests. Terraces create attractive outdoor spaces for dining and relaxing. The pool adds a strong lifestyle feature for holiday visitors. The vineyard produces grapes used to make regional award-winning red wine. Buyers can therefore acquire a distinctive hospitality business with an additional agricultural activity. Existing tourism licences may help simplify the continuation of holiday rentals, subject to the relevant checks. The property is close to local shops and everyday amenities in the surrounding villages. The nearest beach is approximately 1.5km away. Praia da Luz and Burgau provide further coastal attractions within easy reach. Several golf courses are located nearby, with the nearest approximately 2.5km away. Lagos is about 5km from the estate and offers restaurants, services and marina facilities. Faro Airport is approximately 68km away via the regional road network. Mains water, a borehole, internet, satellite television and outdoor parking add operational convenience. Contact us now to arrange a viewing and explore this West Algarve investment opportunity.

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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