Buyers seeking a licensed three-cottage holiday retreat with a pool near Praia da Luz can consider this €1,600,000 estate near Espiche. The purchase includes three tourism-licensed cottages, nine bedrooms and approximately 14,400m² of vineyard land. It is located around 1.5km from the nearest beach and close to Praia da Luz, Burgau and Lagos. Each cottage has three bedrooms, one bathroom, a kitchen and a lounge or dining area. The separate units offer flexibility for families, groups or multiple holiday bookings. Guests have access to terraces, outdoor areas and a swimming pool. The property also includes carports, parking spaces and storage facilities for practical convenience. Its vineyard setting provides countryside views and a peaceful alternative to a conventional coastal resort. Grapes grown on the land are used to produce regional award-winning red wine. The estate is described as an operating business with good rental revenues. Existing tourism licences may help a purchaser continue the holiday-rental use, subject to confirmation of all current permissions. The fully furnished cottages can reduce the work required to prepare the business for guest occupation. Mains water, a borehole, mains drainage and mains electricity provide essential infrastructure. Fireplaces, shutters, internet and satellite television add comfort across the accommodation. Golf is approximately 2.5km away, while a school and local amenities are within convenient reach. Lagos is only about 5km from the retreat and offers extensive shopping, dining and leisure facilities. Faro Airport is approximately 68km away for international arrivals and owner visits. The combination of licensed accommodation, a pool, coastal access and productive land creates varied investment potential. Contact us to learn more and schedule a viewing of this West Algarve holiday 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
