You can buy three licensed holiday rental cottages with a commercial vineyard near Praia da Luz in the West Algarve. The estate is offered for sale at €1,600,000 and combines an operating accommodation business with approximately 14,400m² of land. It provides three self-contained cottages, each with three bedrooms, a bathroom, kitchen, living area, carport and storage space. All three cottages hold tourism rental licences, supporting an established holiday accommodation model. Together, the cottages provide nine bedrooms and three bathrooms across 219m² of living area. Guests can enjoy terraces, outdoor space and access to a communal swimming pool. The surrounding agricultural land is planted with grapevines used to produce regional award-winning red wine. This creates an unusual combination of tourist accommodation, wine production and countryside living. The property is located near Espiche and Almadena, close to the coastal communities of Praia da Luz and Burgau. The nearest beach is approximately 1.5km away, making the cottages attractive to visitors seeking easy access to the Algarve coast. Lagos is around 5km from the estate and provides shops, restaurants, services and additional leisure facilities. Golf courses are available approximately 2.5km away for guests and owners who enjoy the sport. Faro Airport is approximately 68km away, allowing international visitors to reach the property conveniently. Each cottage is fully furnished and includes practical features such as internet, satellite television, shutters and an open fireplace. Mains water, mains electricity, mains drainage and a borehole provide useful infrastructure for the accommodation and vineyard. On-site parking and carports add convenience for holidaymakers arriving by hire car. The accessible main-road position may help simplify guest arrivals, operational management and deliveries. Buyers looking for Algarve investment property can consider income from three separately rentable cottages alongside the agricultural asset. Actual returns will depend on occupancy, pricing, operating costs, taxes and management arrangements, so purchasers should undertake detailed financial and legal due diligence. Contact us now to arrange further information and a viewing of this distinctive West Algarve business opportunity.
• 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