The budget to acquire this nine-bedroom vineyard guesthouse in the Lagos area is €1,600,000. That asking price includes three cottages with tourism rental licences, a swimming pool and a 14,400m² commercial vineyard plot. It is therefore suited to buyers searching for an operating Algarve guesthouse investment rather than a standard residential home. The nine bedrooms are arranged across three independent three-bedroom cottages. Each cottage includes a bathroom, kitchen and living area. The estate has three bathrooms in total and approximately 219m² of living space. Usable area is approximately 291m². Holiday guests can enjoy terraces, outdoor areas and the communal pool. Carports, parking and storage facilities support both visitors and the owner’s operations. The vineyard produces regional award-winning red wine and may provide a complementary income or visitor experience. Reported rental revenues offer a useful starting point for analysing the business potential. Prospective purchasers should request detailed accounts and calculate operating costs before estimating ROI. The property is near Espiche and Almadena in the West Algarve. The nearest beach is around 1.5 kilometres away. Lagos, with its restaurants, marina, services and historic centre, is approximately 5 kilometres away. Golf courses are located roughly 2.5 kilometres from the estate. Faro Airport is approximately 68 kilometres away, which is convenient for international guests. A borehole, mains water, internet, satellite television and open fireplaces add to the property’s practical appeal. Existing licences can support a smoother transition for an investor, subject to confirmation of current legal requirements. Contact us now to review the documentation and arrange a viewing of this Algarve guesthouse business.
• 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
