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Why buy a licensed holiday rental business close to beaches, golf courses and Lagos?

Guesthouse in Praia da Luz

ref. LW1100
11.959.874DKK
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Buying this licensed holiday rental business near Lagos offers three tourism-approved cottages, nine bedrooms and an asking price of €1,600,000. The estate is approximately 1.5km from beaches and includes a swimming pool, 14,400m² of land and a commercial vineyard. It is designed for buyers seeking an operating Algarve tourism business with room for lifestyle use and income generation. All three cottages have their own three-bedroom layout, bathroom, kitchen and living space. This arrangement allows guests to enjoy separate accommodation while sharing the pool and landscaped outdoor areas. Terraces, carports and storage facilities improve the comfort and practicality of each unit. The vineyard creates an unusual point of difference compared with standard holiday rental properties. Grapes from the land are used to produce regional award-winning red wine. The property information also refers to good rental revenues, offering a basis for reviewing potential returns. Prospective buyers should examine historical accounts, occupancy, running costs and licensing documentation before committing. The location near Espiche and Almadena provides a quieter setting without sacrificing convenience. Praia da Luz and Burgau are close by, offering beaches and coastal leisure activities. The nearest golf course is approximately 2.5km away. Lagos, around 5km from the estate, provides restaurants, shops, cultural attractions and marina facilities. Faro Airport is about 68km away, making the business accessible to overseas owners and holiday guests. Main-road access and on-site parking support arrivals, departures and general operations. Borehole and mains water supplies, internet and satellite television add useful infrastructure. The rural setting, pool and vineyard can help create an attractive guest experience across the holiday season. Contact us to arrange a viewing and assess the business opportunity in person.

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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