Investing in a property with a vineyard in West Algarve, priced at €1,600,000, opens the door to exceptional lifestyle and business opportunities. This unique estate includes three cottages, all with tourism rental licenses, nestled close to the popular beaches of Praia da Luz and Burgau. Each cottage is designed with three comfortable bedrooms and various modern amenities to attract holiday makers. The property features a communal swimming pool that enhances guest experiences and promotes relaxation. The surrounding land of over 14,000m² hosts a vineyard recognized for producing award-winning wines, allowing you to engage in local agricultural tourism or simply enjoy the fruits of your labour. With easy access to local shops, golf courses, and transportation routes to Faro airport, this location is ideal for both personal enjoyment and investment returns. This combination of location, lifestyle, and investment potential makes it a standout opportunity in today’s market. Don’t wait—contact us to learn more about this fantastic property and schedule a visit!
• 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