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Caravan And Holiday Park With Expansion Potential For Sale

Vila Nova de Cacela, Faro, Portugal
Asking Price:
On request
Sales Revenue:
On request
Cash Flow:
On request

Mixed caravan and holiday park in the Algarve, Portugal, extending to approximately 9 hectares (22 acres) and combining privately owned units, touring and camping facilities, holiday accommodation and a range of additional income streams.

The mobile home park is developed with 82 privately owned units, including eight permanent timber structures, with the remainder comprising mobile homes. One pitch is vacant. Subletting is permitted and provides an additional revenue stream, with 16 homeowners reported to have sublet their properties during the 2023 season.

The holiday park also has capacity to accommodate 114 motorhome, touring or camping pitches and includes three holiday cottages and three staff studio accommodation units. Facilities include a reception/office, workshop, two toilet and shower blocks and an outdoor swimming pool. A restaurant operates under concession.

Income is generated from annual pitch fees, unit sales, commissions on second-hand sales, subletting of rental units, camping receipts, swimming pool charges and the restaurant concession.

A planning application is currently in progress to expand the licensed area over a further approximately 1.2–1.6 hectares (3–4 acres). If successful, this would provide capacity for additional homes. The original information also states that the pending application is for an additional 72 pitches.

The site is stated to operate with the appropriate permits and falls under the jurisdiction of Câmara Municipal de Vila Real de Santo António.

The opportunity is being offered due to retirement.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Three holiday cottages and three staff studio accommodation units are included within the property.

Location:

Situated in the Algarve overlooking Vila Nova de Cacela, the park occupies a gently sloping, south-facing position with sea views from parts of the site. The beaches of Fábrica and Cacela Velha are nearby.

The surrounding area is noted for its quieter setting compared with some of the Algarve’s larger coastal tourist destinations and is popular with retirees seeking a peaceful lifestyle.

The park is signposted from the EM1246 and accessed via a tertiary road. The entrance has a wide-splayed layout with an electronic security barrier leading to an internal network of mixed-surface roads.

The nearby A22 provides connections to Portugal’s motorway network, with Spain approximately 20 minutes away.

Premises Details:

The property extends to approximately 9 hectares (22 acres).

The mobile home park comprises 82 privately owned units, eight of which are permanent timber structures, with the remainder comprising mobile homes. One pitch is vacant.

The camping area is divided into three principal sections. Cabeço has 48 electric hook-up points on relatively level land, with a derelict dwelling occupying space on the boundary.

Vale comprises a steeply undulating valley with 66 electric hook-up points. Two motorhome service points are located within the Cabeço and Vale areas.

The western area runs to the north and south of the reception and swimming pool and currently has 84 occupied plots and two vacant plots.

Additional accommodation comprises three holiday cottages and three staff studio accommodation units.

Other buildings and facilities include a reception/office, workshop, two toilet and shower blocks, outdoor swimming pool and a restaurant currently operated under concession.

Planning Consent:

The park falls under the jurisdiction of Câmara Municipal de Vila Real de Santo António. The site is stated to operate with the appropriate permits.

A planning application is currently in progress to expand the licensed area over a further approximately 1.2–1.6 hectares (3–4 acres), which would increase the capacity for homes if approved. The original listing states that the application relates to an additional 72 pitches.

Business Operation

Expansion Potential:

A planning application is currently in progress to expand the licensed area of the park over a further approximately 1.2–1.6 hectares (3–4 acres).

If successful, the expansion would increase capacity for homes. The original listing states that the pending planning application is for an additional 72 pitches.

Subletting is permitted and provides an additional revenue stream. During the 2023 season, 16 homeowners were reported to have sublet their properties.

Reasons for selling:

Retirement

Listed by

Savills (UK) Ltd (Leisure and Trade)