Algarve, Lagos, Portugal

An exceptional opportunity to acquire a charming boutique guesthouse in a peaceful residential setting on the outskirts of Praia da Luz, just a short drive from the historic city of Lagos and some of the Algarve’s most beautiful beaches.

Casa Canavial is a unique hospitality property combining a highly successful, well-established guesthouse business with the added benefit of a separate two-bedroom private residence. Offering an attractive blend of lifestyle and investment potential, this versatile estate is ideal for those looking to take over an established hospitality business while enjoying the flexibility of private accommodation and opportunities for further growth.

The guesthouse features a collection of six individual accommodation units, comprising four double rooms, a two-bedroom apartment and a detached cottage. Each space has been designed to provide guests with comfort and privacy, with inviting interiors, well-equipped facilities and attractive outdoor areas. Several units benefit from private terraces, while the apartment and cottage offer fully equipped kitchens and living areas, catering to guests seeking a more independent stay.

With an established reputation and a successful track record, the guesthouse provides an excellent foundation for new owners to continue its operation and explore further opportunities to expand the business. Beyond traditional guest accommodation, the property also offers exciting potential for hosting wellness retreats, weddings, private celebrations and other events, subject to the necessary licences and permissions.

At the heart of the property, the outdoor area provides a tranquil Mediterranean setting, complete with a saltwater swimming pool, sun deck, landscaped gardens and inviting lounge spaces. The swimming pool has the possibility of being heated, offering the potential to extend its use beyond the warmer summer months. An irrigation system throughout the property helps maintain the established grounds, creating an appealing and peaceful retreat for guests and residents alike.

Adding further versatility is a separate two-bedroom private residence, featuring a fully equipped kitchen, living room, guest toilet and separate bathroom. With its own private entrance and garden, the house offers a welcome degree of independence from the guesthouse. It can be retained as a private owner's residence or potentially rented out to generate an additional income stream, making it an equally appealing option for investors and owner-operators.

The property benefits from a range of practical and energy-conscious features, including central heating throughout the house, additional underfloor heating in the main residence, a central vacuum system and newly installed solar panels. A double garage and basement storage provide valuable additional space for parking, equipment and general storage.

Situated in a quiet and private residential area, Casa Canavial enjoys an excellent location close to the beaches and coastal walks of Praia da Luz, with the vibrant restaurants, marina and historic centre of Lagos approximately a 10-minute drive away. The surrounding coastline, charming villages and natural beauty of the Western Algarve make this an appealing destination for visitors throughout the year.

Combining a successful hospitality business, independent private accommodation, attractive outdoor facilities and exciting opportunities for future development, Casa Canavial presents a rare opportunity to acquire a distinctive property in one of the Algarve’s most sought-after regions.

A versatile estate offering the perfect balance of business, lifestyle and investment potential, with the opportunity to build upon an established success while enjoying the very best of Algarve living.

B&P Real Estate Agency is the Western Algarve’s leading property specialist, selling a property every two days on average. With unrivalled local expertise, strong international reach, and a proactive, hands-on team, we know how to position and sell homes effectively. When results matter, you’re in experienced, proven hands.