Buyers may consider this licensed holiday rental estate near Espiche because it combines three tourism-licensed cottages with a 14,400m² commercial vineyard. Priced at €1,600,000, the estate offers an operating Algarve business with reported good rental revenues. Its three cottages provide nine bedrooms and three bathrooms in total, making it suitable for group and family holiday accommodation. The nearest beaches are approximately 1.5km away, while Lagos is around 5km distant. Each cottage includes three bedrooms, a bathroom, kitchen and living area. Guests can also use the swimming pool, terraces and surrounding outdoor space. The grapevines are used to produce regional award-winning red wine, adding a notable identity to the investment. The agricultural setting could support a memorable visitor experience, subject to planning, licensing and operational requirements. Carports, onsite parking and storage facilities are practical assets for a commercial rental estate. The property has countryside views and is accessible from the main road. Mains water, borehole water, mains electricity and mains drainage are recorded. Open fireplaces bring a traditional feature to the interiors. Shutters, satellite television and internet help provide comfort and connectivity for holiday guests. The location offers a balance between rural surroundings and nearby amenities. Praia da Luz and Burgau provide access to West Algarve beaches, coastal walks and seaside dining. Golf is approximately 2.5km away, which may help attract visitors outside the peak beach season. A nearby school is around 500m away, and Faro Airport is approximately 68km from the estate. The existing licences, accommodation layout and vineyard may offer diversification for an experienced hospitality investor, although financial returns require independent verification. Contact us to explore the estate, review the available documentation and schedule a viewing near Espiche.
• 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
