A three-cottage business for sale near the West Algarve beaches, with a swimming pool and land, is available near Espiche for €1,600,000. The estate includes three licensed tourism cottages, a 14,400m² agricultural plot and an established operating business. The nearest beach is approximately 1.5km away, close to Praia da Luz and Burgau. Each cottage has three bedrooms, one bathroom, a kitchen and a living area. In total, the accommodation provides nine bedrooms and three bathrooms for holiday guests. The pool creates a shared recreational focus for visitors staying across the three units. Terraces and outdoor areas allow guests to enjoy the mild Algarve climate and countryside surroundings. The vineyard land is planted with grapevines used to make regional award-winning red wine. This combination of holiday accommodation and agricultural character may appeal to buyers seeking a business with more than one income-generating angle. Carports, onsite parking and storage areas make the estate convenient for guests and operators. The property is easily accessed from the main road, which can assist arrivals, deliveries and routine management. Mains water and a borehole provide two listed water sources for the estate. Mains drainage and mains electricity are also available. Inside, the cottages offer fitted or partially equipped kitchens, lounges, fireplaces, shutters, satellite television and internet. Local amenities and shops are close by in Espiche, Almadena and the surrounding area. Lagos is approximately 5km away, providing restaurants, shopping, marina activities and essential services. Golf courses are located about 2.5km from the property. Faro Airport is approximately 68km away, and motorway access supports connections across the Algarve. The existing tourism licences and reported rental revenues may reduce the uncertainty involved in establishing a new holiday accommodation business, subject to due diligence. Contact us now to arrange a private viewing of this West Algarve cottage 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
