A business opportunity near Lagos with three cottages, a swimming pool and a commercial vineyard is available for €1,600,000 in the West Algarve. The estate near Espiche and Almadena includes three cottages with tourism rental licences, creating a ready-made hospitality investment for buyers. It also includes approximately 14,400m² of grape-growing land and a communal swimming pool. Each cottage provides three bedrooms, a bathroom, kitchen, lounge and dining space, together with a carport and storage. The total accommodation comprises nine bedrooms and approximately 219m² of living area. Terraces and surrounding outdoor areas give visitors room to dine, relax and enjoy the rural setting. The vineyard currently supplies grapes used to make regional award-winning red wine. Buyers could therefore combine holiday accommodation with wine-related experiences, subject to the relevant permissions and operational arrangements. The property is positioned close to amenities while retaining a countryside atmosphere. The nearest beach is only 1.5km away, placing Praia da Luz and nearby coastal attractions within easy reach. Burgau is also close by and adds another popular Algarve beach destination to the local offer. Lagos is around 5km from the estate and provides restaurants, shopping, marina facilities and year-round services. Golf courses are approximately 2.5km away, supporting a broader seasonal marketing strategy for the cottages. Faro Airport lies about 68km away, which is a manageable transfer distance for overseas guests and owners. Road access and on-site parking are valuable operational features for arrivals, maintenance and vineyard activities. Utility infrastructure includes mains water, electricity and drainage, supplemented by a borehole. Furnished accommodation with internet, satellite television, shutters and open fireplaces can help meet the practical expectations of holiday visitors. Rental performance may benefit from three independent units, coastal proximity, golf access and the distinctive vineyard setting, although income is not guaranteed. Investors should carry out independent checks on financial records, licences, planning, agricultural production and property operating costs. Contact us now to discuss this rare Algarve hospitality and vineyard investment and book a viewing.
• 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
