This vineyard estate near Praia da Luz is a stellar investment opportunity, primarily due to its unique combination of residential and commercial potential. Priced at €1,600,000, the property comprises three cottages, each with tourism rental licenses, making it an attractive choice for investors looking to enter the holiday rental market. Boasting a shared communal pool and set within 14,400m² of land, the estate features a working vineyard that cultivates grapes for award-winning wine production. This aspect not only enhances lifestyle value but also presents additional revenue opportunities for savvy buyers. Each cottage is thoughtfully designed with three bedrooms, a bathroom, and spacious living areas, catering to both guest comfort and functionality. The proximity to stunning beaches, local amenities, and golf courses enhances the lifestyle appeal of this property. Furthermore, the strategic location allows for easy access to nearby towns like Lagos and direct motorway links to Faro airport. By investing here, you are not just securing a property; you are contributing to a flourishing tourism sector in one of Portugal's most sought-after regions. This is a chance to embrace the Algarve lifestyle while creating a profitable venture. Seize this opportunity today—contact us to learn more about this vineyard 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
