An Algarve property for sale offering licensed tourist accommodation, a pool and strong rental potential is available near Praia da Luz for €1,600,000. The opportunity comprises three holiday cottages with tourism rental licences, a communal swimming pool and a commercial vineyard on approximately 14,400m². It is suited to buyers seeking an operating accommodation business rather than a single conventional home. Every cottage has three bedrooms, one bathroom, a fitted kitchen and a living area. The combined layout provides nine bedrooms and 219m² of living space across the three buildings. Private outdoor areas, garden terraces, carports and storage spaces give each unit useful holiday functionality. Guests can relax by the shared pool or explore the countryside and nearby coastline. The vineyard is used to cultivate grapes for regional award-winning red wine, offering scope for a distinctive wine-and-stay concept. All cottages are fully furnished, which may help reduce the work required to prepare them for continued rental use. Praia da Luz, Burgau, Espiche and Almadena are all within the wider local area and provide access to beaches, amenities and coastal lifestyle attractions. The nearest beach is about 1.5km from the property, supporting demand from visitors who prioritise seaside access. Lagos is approximately 5km away and adds supermarkets, restaurants, cultural attractions and transport connections. Golf facilities are around 2.5km from the estate, helping appeal to sports and leisure travellers outside the peak beach season. Faro Airport is approximately 68km away, making the location accessible for international tourism markets. Mains services, a borehole, internet, satellite television and on-site parking support both guest comfort and operational practicality. The open fireplaces and countryside views add character to the accommodation during cooler months. Three separately rentable units can provide greater flexibility than a single holiday home, subject to occupancy and management performance. Buyers should assess historical rental revenues, running expenses, licensing requirements, tax obligations and the future potential of the vineyard before purchase. Contact us today to explore the documents, confirm availability and arrange a private 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
