Buyers may consider this commercial guesthouse near Espiche because it combines three tourism-licensed cottages, award-winning wine production, a swimming pool and beaches within approximately 1.5km. The asking price is €1,600,000 for the operating Algarve hospitality business and its 14,400m² estate. With nine bedrooms across three cottages, it offers substantial capacity for holiday lets, subject to verified trading performance. Each cottage includes three bedrooms, one bathroom, a kitchen and a living area. Outdoor terraces create additional space for meals, relaxation and informal entertaining. A communal swimming pool strengthens the appeal for summer guests. The vineyard produces regional award-winning red wine and sets the business apart from conventional guesthouses. This agricultural and tourism combination could support wine-led experiences or promotional packages, subject to planning and licensing checks. Existing tourism licences for all three cottages can provide an important starting point for a new operator. The property is reported to generate good rental revenues, but no guaranteed return is stated. Prospective investors should review accounts, bookings, operating costs and licence conditions before purchase. The accommodation provides approximately 219m² of living space. Storage sheds, carports and on-site parking assist with practical management. Mains water and a borehole serve the estate, alongside mains electricity and drainage. Internet, satellite television, shutters and an open fireplace add comfort and character. Espiche and Almadena are close by for local amenities and everyday services. Praia da Luz and Burgau offer coastal scenery, swimming and dining nearby. Lagos is approximately 5km away, while golf is available around 2.5km from the property. Contact us now to schedule a viewing and investigate 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
