Buy three tourism-licensed holiday cottages with a vineyard near Praia da Luz for €1,600,000. The operating business includes three cottages, nine bedrooms in total, a swimming pool and approximately 14,400m² of grape-growing land. Located near Espiche and Almadena in the West Algarve, the estate is positioned around 1.5km from the nearest beaches. Each cottage provides three bedrooms, a bathroom, kitchen and living area. Carports and storage spaces add practical convenience for owners and guests. Terraces and outdoor areas support relaxed holiday living throughout the Algarve season. The shared swimming pool creates an appealing leisure facility for visitors. The vineyard produces regional award-winning red wine, giving the business a distinctive commercial identity. Existing tourism licences may help a buyer continue the established holiday rental operation. The listing reports good rental revenues, although prospective purchasers should verify financial records during due diligence. Approximately 219m² of living space is arranged across the cottages. The total usable area is stated as 291m². Mains water, a borehole, mains electricity and drainage serve the property. Shutters, internet, satellite television and an open fireplace add useful features. Landscaped and natural areas provide a balance of cultivated and informal countryside surroundings. Lagos is approximately 5km away for restaurants, shopping, services and marina access. A golf course is around 2.5km from the estate. Faro Airport is approximately 68km away via the regional road network. Contact us now to arrange a viewing of this licensed Algarve hospitality 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
