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Why should I buy a guesthouse with rental licenses in Lagos, Portugal?

Guesthouse in Praia da Luz

ref. LW1100
1.383.822£
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Investing in a guesthouse with rental licenses in Lagos, Portugal, offers an exceptional opportunity for both lifestyle and income generation. This property includes three fully furnished cottages, each equipped with tourism rental licenses, making it a ready-to-go business venture. Set on a spacious plot of 14,400m² with a communal pool, this guesthouse caters perfectly to holidaymakers desiring comfort and convenience.
Conveniently located just 1.5km from gorgeous beaches and nearby amenities, this property allows easy access to the vibrant local lifestyle of Lagos, complemented by golf courses and stunning coastal views. Each cottage features three bedrooms, a well-equipped kitchen, and living space, creating an inviting atmosphere for guests.
The established vineyard on the land offers potential for additional revenue through wine production, while maintaining a unique charm that enhances guest experiences. Given the growing interest in rentals in the Algarve, this guesthouse presents a diverse investment opportunity with attractive ROI potential.
With excellent accessibility to Faro airport via the nearby motorway, it is primed for attracting international visitors. This guesthouse is not just a property; it’s a lifestyle choice for those looking to build a successful business in a beautiful setting. Reach out today for more information and to arrange 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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