A suitable vineyard estate near Lagos for running a licensed holiday rental business is available in the West Algarve for €1,600,000. The property includes three cottages with tourism rental licences, nine bedrooms in total and an operating accommodation business. Its position near Espiche and Almadena places guests close to the beaches of Praia da Luz and Burgau. The coastline is approximately 1.5km from the estate. Each cottage is arranged with three bedrooms, a bathroom, kitchen and living area. Guests can enjoy terraces, countryside views and access to a swimming pool. Carports and storage areas provide useful facilities for both visitors and operators. The surrounding 14,400m² agricultural plot is planted with vines. Grapes from the estate are used to make regional award-winning red wine. A purchaser could therefore market wine, countryside and coastal experiences alongside accommodation, subject to the relevant permissions. The listing describes the business as operating with good rental revenues. Financial performance and future returns should be verified through independent due diligence. Approximately 219m² of living space is distributed across the cottages. Mains services include water, electricity and drainage, while a borehole supports the rural environment. Fitted kitchens, internet, satellite television and shutters are already in place. The single-level design may be practical for guest turnover and maintenance. Lagos is approximately 5km away, providing a broad range of hospitality, retail and transport services. Golf courses are within about 2.5km, and Faro Airport is around 68km from the estate. Contact us to arrange a viewing and discuss the commercial potential of this licensed vineyard property.
• 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
