Algarve, Lagos, Portugal

An exceptional opportunity to acquire a versatile residential and hospitality property in a peaceful setting in the heart of the Western Algarve, combining a successful, well-established guesthouse business with a separate private residence, landscaped gardens and a swimming pool.

Located close to the beautiful beaches of Praia da Luz and just a short drive from the historic city of Lagos, Casa Canavial offers a rare combination of privacy, flexibility and lifestyle appeal. Ideal for those seeking an established hospitality business, a spacious family estate with independent accommodation, or a property offering multiple income-generating possibilities, this is a distinctive opportunity in one of the Algarve’s most desirable locations.

The property comprises a boutique guesthouse with six individual accommodation units, including four double bedrooms, a two-bedroom apartment and a detached cottage. Designed to provide comfort and independence, the accommodation offers a variety of layouts, with selected units benefiting from private terraces, fully equipped kitchens and living areas.

The guesthouse is an established and highly successful business, offering an excellent foundation for new owners to continue its operation while exploring opportunities for further growth. Beyond traditional guest accommodation, the estate presents exciting potential for hosting retreats, private celebrations, weddings and other events, subject to the necessary licensing and permissions.

Complementing the guesthouse is a separate two-bedroom private residence, offering an independent living space with its own entrance and private garden. The house comprises two bedrooms, a kitchen, a living room, a guest toilet and a separate bathroom. This versatile space could serve as a permanent family home, accommodation for visiting family and friends, or potentially be rented out to generate additional income.

The outdoor spaces are equally appealing, with a tranquil Mediterranean-style setting featuring a saltwater swimming pool, sunbathing area, established gardens and inviting spaces in which to relax and entertain. The swimming pool has the possibility of being heated, allowing for extended enjoyment throughout the year.

The property benefits from a range of practical and energy-conscious features, including an irrigation system throughout the grounds, 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 vehicles, equipment and general storage.

Situated in a quiet and private residential environment, Casa Canavial enjoys convenient access to the beaches, restaurants and amenities of Praia da Luz, as well as the vibrant town of Lagos, renowned for its historic centre, marina and spectacular coastline.

With its combination of an established hospitality business, independent private residence, generous outdoor spaces and scope for future development, Casa Canavial offers a compelling proposition for buyers seeking both a lifestyle property and a business opportunity in the Algarve.

A rare opportunity to acquire a versatile estate with an established income stream, independent living accommodation and exciting potential for the future.

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.