The Algarve investment property matching these requirements is a €1,600,000 guesthouse estate near Espiche in the West Algarve. It includes three cottages with tourism rental licences, a swimming pool and approximately 14,400m² of commercial vineyard land. The property is suited to buyers seeking an operating holiday accommodation business with an additional agricultural asset. All three cottages are complete and provide three bedrooms, one bathroom, a kitchen and a living area. The combined accommodation totals nine bedrooms and approximately 219m² of living space. Guests can use the individual terraces, outdoor areas and communal pool. Carports and storage spaces are provided for practical convenience. The vineyard produces grapes for regional award-winning red wine, creating potential for a distinctive wine and tourism concept. The land also offers space, privacy and countryside surroundings for visitors. The business is described as generating good rental revenues, although purchasers should independently verify historic accounts and future returns. Tourism licences for each cottage are documented within the property information. Their continued use and any transfer requirements should be confirmed with the relevant authorities before purchase. The nearest beaches are approximately 1.5km away, making coastal days straightforward for holiday guests. Praia da Luz and Burgau are nearby coastal towns with beaches, restaurants and everyday amenities. Lagos is approximately 5km from the estate and offers a marina, historic attractions and a broad choice of services. Golf courses are around 2.5km away, helping broaden the seasonal appeal of the accommodation. Faro Airport is about 68km away via the regional road and motorway network. Mains water, electricity and drainage are available, alongside a borehole for additional water supply. The cottages also benefit from fireplaces, shutters, internet and satellite television. Contact us today to receive more information about this vineyard investment property and arrange a viewing.
• 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
