Investing in a guesthouse with land and wine production potential in Algarve is a unique opportunity, especially with these three fully licensed cottages up for sale. At a price of £1,600,000, you are not just purchasing properties, but an entire lifestyle and investment in the renowned Algarve region. Each guesthouse features 3 bedrooms and all essentials to accommodate guests while also offering communal amenities such as a swimming pool for leisure and relaxation. The extensive land of 14,400m² is currently devoted to a commercial vineyard that produces award-winning wines, providing an additional income stream and enhancing the appeal of your property. Located just 1.5km from some of the best beaches and golf courses, and close to local amenities, this property stands out as an ideal investment for those looking to rent to tourists. This area attracts many visitors seeking a luxury getaway, ensuring high occupancy rates and strong rental revenue potential. Owning a guesthouse in this prime location not only serves as a profitable business but also as a tranquil retreat in beautiful surroundings. Experience the charm and culture of the Algarve firsthand – contact us today to explore this rare opportunity!
• 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
