Buying this operating holiday rental business offers access to three tourism-licensed cottages for €1,600,000. The estate is close to beaches, golf courses and Lagos, while also providing a swimming pool and approximately 14,400m² of vineyard land. It is an appealing option for buyers who want an established Algarve accommodation business rather than a property requiring a new concept from the beginning. The three cottages each contain three bedrooms, a bathroom, kitchen and living area. Nine bedrooms in total allow the business to accommodate families, groups or separate holiday bookings. Outdoor terraces give guests space to eat, unwind and enjoy the surrounding countryside. A communal pool adds a strong leisure feature for summer stays. On-site parking, carports and storage areas support both visitors and operational needs. The vineyard is used to grow grapes for regional award-winning red wine. Owners could investigate ways to combine accommodation with wine-related experiences, subject to planning and licensing requirements. The property is described as producing good rental revenues, offering an existing performance base for detailed financial review. The tourism licences attached to all three cottages are a significant operational consideration for a purchaser. The nearest beach is only 1.5km away, which helps position the business for coastal holidays. Praia da Luz and Burgau are close by and provide attractive beaches, restaurants and local amenities. Lagos lies approximately 5km from the estate and is known for its marina, historic streets and visitor facilities. Golf courses are roughly 2.5km away, adding appeal for sporting and shoulder-season tourism. Access from the main road is convenient, and Faro Airport is approximately 68km distant. The cottages have mains water, mains electricity, mains drainage and borehole access. Fireplaces, shutters, internet and satellite television help provide a comfortable guest experience. Contact us now to assess the business opportunity and book a viewing of this West Algarve rental estate.
• 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
