For buyers searching Algarve properties for sale with three tourism-licensed cottages, a swimming pool and rental income, this West Algarve estate is a compelling option at €1,600,000. The operating guesthouse contains three licensed cottages with nine bedrooms altogether. It is located near Espiche and Praia da Luz, approximately 1.5km from the nearest beach. Each unit has three bedrooms, a bathroom, kitchen and comfortable living area. Guests also have access to terraces, outdoor areas and a communal swimming pool. On-site carports and storage spaces simplify arrivals and property management. The estate extends across approximately 14,400m² of land. Much of the agricultural plot is planted with grapevines used to produce regional award-winning red wine. Wine production gives the holiday rental business an unusual experience-led marketing opportunity. The listing confirms good rental revenues from the operating accommodation. Buyers should independently assess historic income, expenses, seasonality and licensing requirements before committing. The cottages have a combined living area of approximately 219m². A stated usable area of 291m² provides further operational capacity. Mains water and electricity are available, with a borehole adding resilience for the rural land. Open fireplaces, shutters, internet and satellite television contribute to guest comfort. The property is close to shops, schools and everyday amenities. Lagos is only about 5km away, offering restaurants, services, a marina and cultural attractions. Nearby golf courses are approximately 2.5km from the estate. Road access is convenient, and Faro Airport is around 68km away. Contact us today to explore the licences, income potential and viewing arrangements for this Algarve investment.
• 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
