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Why buy a guesthouse with a pool and vineyard in West Algarve?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Consider investing in a guesthouse with a pool and vineyard in West Algarve for a multitude of reasons! This unique property consists of three cottages equipped with rental licenses, ideal for generating income through holiday rentals. Located close to Espiche and just 1.5 km from the beach, guests will love the convenient access to sun and surf, making it a popular choice for holidaymakers. Each cottage features 3 spacious bedrooms along with necessary amenities, ensuring a comfortable stay. The property boasts a communal swimming pool, creating a vibrant atmosphere for guests to enjoy. Over 14,000 m² of land dedicated to a vineyard producing award-winning wines adds aesthetic beauty and business potential. This combination makes it not just a residential opportunity but a prime business investment as well. Priced at €1,600,000, this property is attractively positioned near golf courses and local amenities enhancing its appeal. Invest in a lifestyle that offers both comfort and income in one of the most beautiful parts of Portugal. This investment has the potential for high rental income due to its desirable location. Don’t miss out on this exceptional opportunity – contact us today to discuss further!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
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