Near Lagos, this €1,600,000 investment property includes three tourism-licensed cottages, a swimming pool and access to beaches approximately 1.5 kilometres away. Set near Espiche and Praia da Luz in the West Algarve, it combines holiday accommodation with a 14,400m² vineyard estate. Buyers looking for a coastal rental business can acquire a substantial operating property rather than a single residential unit. The three cottages contain three bedrooms each, creating nine bedrooms in total. Each unit also includes a bathroom, fitted kitchen, lounge or dining space, terraces and storage. Guests can use the pool and enjoy views across the surrounding countryside. On-site carports and outdoor parking make arrivals and vehicle access straightforward. The vineyard is used to produce regional award-winning red wine and gives the estate an additional income stream and brand opportunity. The licensed accommodation is well suited to families, groups and visitors seeking a quieter alternative to resort hotels. Good rental revenues are noted in the property information, while independent financial verification remains advisable. The location offers a balance between rural space and convenient access to the Algarve coast. Praia da Luz and Burgau are nearby for beaches, restaurants and seasonal activities. Lagos, approximately 5 kilometres away, provides marinas, historic attractions, shops and a broad hospitality market. The nearest golf course is around 2.5 kilometres from the cottages. Faro Airport is approximately 68 kilometres away for international arrivals and owner access. A school is located around 500 metres away, while local amenities are close to the estate. Mains water, mains drainage, mains electricity and a borehole support the property’s infrastructure. Internet and satellite television help meet the expectations of modern holiday guests. The combination of licensed units, coastal proximity, land and vineyard activity creates varied investment possibilities. Contact us today to arrange a viewing and investigate this licensed Lagos-area rental 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
