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Where can I buy a property with a vineyard and rental license in Algarve?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Discover a unique opportunity to buy a property featuring a commercial vineyard alongside three charming cottages, all complete with tourism rental licenses, in the picturesque Algarve. This estate not only offers a vineyard cultivating grapes for regional award-winning red wine but also presents a lucrative investment option due to its established rental business. Located near Espiche and Almadena, just 1.5km from beautiful beaches, this property is perfectly situated for holiday rentals.

The entire estate spans an impressive 14,400m² and includes well-maintained communal areas alongside spacious private cottages, each equipped with modern amenities. Each cottage boasts three bedrooms, a bathroom, a kitchen, and inviting living spaces designed for comfort and relaxation. The communal swimming pool adds an extra allure for holidaymakers seeking a refreshing retreat.

With its proximity to essential amenities, golf courses, and easy access to Faro airport, this property is not only ideal for personal use but also a fantastic commercial investment. Potential buyers can also enjoy the serene countryside views and the charm of rural living.

Don't miss out on this rare chance; contact us now to learn more about this exceptional property and explore the vineyard lifestyle in Algarve.

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
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