This West Algarve estate for sale near Praia da Luz is offered at €1,600,000 and includes three tourism-licensed cottages. It also provides a swimming pool and approximately 14,400m² of vineyard land used to cultivate grapes for award-winning regional red wine. The property gives buyers the opportunity to acquire an operating guesthouse business in a sought-after coastal area. Each cottage has three bedrooms, a bathroom, kitchen and living room. The estate therefore contains nine bedrooms across approximately 219m² of living accommodation. Guests can enjoy private outdoor areas, terraces and access to the communal swimming pool. Carports and storage facilities are included for added practicality. Countryside views and landscaped and natural outdoor areas create a peaceful holiday setting. The vineyard adds productive land and a memorable point of difference for marketing the accommodation. Existing good rental revenues may support the investment case, subject to inspection of accounts and operating costs. All three cottages have tourism rental licences, which may enable continuity of the current business model after the necessary checks. Praia da Luz and the nearest beaches are approximately 1.5km away. Burgau is also within easy reach, offering another coastal destination for guests. Lagos is about 5km away and provides shops, restaurants, marina activities and cultural attractions. Golf courses are approximately 2.5km from the estate, supporting demand beyond the peak beach season. Faro Airport can be reached at a distance of roughly 68km. The main road access and on-site parking make arrivals and property management straightforward. Utilities include mains water, mains drainage and mains electricity, with a borehole also available. Internet, satellite television, fireplaces and shutters contribute to comfortable accommodation. Contact us to learn more about this Praia da Luz guesthouse investment and arrange your viewing today.
• 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
