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Why choose a vineyard property in the Algarve for a lucrative business opportunity?

Guesthouse in Praia da Luz

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

Choosing a vineyard property in the Algarve presents a lucrative business opportunity for savvy investors. This unique estate features three charming cottages, all with tourism rental licenses, and is set on 14,400m² of land, where you can cultivate your own vineyard producing award-winning wines. Located near Espiche, this property is only 1.5km from magnificent beaches, making it a popular choice for holiday rentals. Each cottage offers ample living space with three bedrooms, a kitchen, a bathroom, and a communal pool that enhances the guest experience. This setup not only allows for high rental revenues but also supports your presence in the growing eco-tourism sector. The property’s close proximity to golf courses and key amenities further strengthens its appeal to vacationers, ensuring a steady flow of customers. The potential for revenue generation is substantial, with guests seeking unique experiences in one of Europe's prime tourist destinations. Additionally, the combination of living quarters and agricultural land offers a versatile investment opportunity. Explore this vineyard property today and discover how it can enhance your investment portfolio. Contact us now to schedule your private viewing!

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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