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International Algarve Award Winning Winery, Vineyard And Estate For Sale

Central Algarve, Faro
Asking Price:
€5,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€250K - €500K
Cash Flow:
Available on request

This is a unique opportunity to purchase the Internationally acclaimed award winning, Adega do Cantor (Winery of the Singer) along with the Quinta do Miradouro Vineyard and Estate. Considered valuable real estate in a prime location on the Algarve.

The Winery is a dream which came to fruition when the Adega do Cantor was formed over 14 years ago by Sir Cliff Richard with his old friends Nigel and Lesley Birch and their son Max.

Equipped to the highest standard for the production of premium quality wine produced from Syrah, Aragones, Alicante Bouschet and Viognier grapes grown on the 12 hectare estate of Quinta do Miradouro. The Vida Nova range of wines were named by Sir Cliff Richard himself, and grape production from his local vineyard and those of his partners supply the Adega do Cantor.

The wines have won numerous national and international awards and are well known in the national and European markets. The Winery infrastructure has the capacity to produce over 250,000 bottles and has its own bottling, labeling and corking equipment. The Cellar Door Visitor Centre attracts some 12.000-14,000 people per year from all over the world and there is enormous potential to increase revenue introducing a Restaurant/Cafe at the venue. The accommodation could be increased to further appeal to the holiday rental market, and with spectacular views, Quinta do Miradouro would make an excellent wedding venue. With a team of dedicated, enthusiastic and experienced staff, the company can easily be run remotely for those who wish to add the business and estates to an existing portfolio located in a different country.

The old traditional farmhouse has 4 spacious bedrooms, large reception room and dining room. The adjoining cottage has a cosy lounge with open plan kitchen and 3 double bedrooms; Both properties have private swimming pools and there is a tennis court on the estate. The farmhouse and cottage can accommodate a total of 14 people, and are presently used for family and friends, only advertised for holiday rentals on a low key basis. However these could be used by residential owners, providing a home and income venture.

There are numerous commercial buildings including administration offices, the shop known as the Cellar Door, warehouses, wine tasting venues, 2 cellars with a capacity for 150 barells, staff studio apartment and laboratory.

The Adega do Cantor Winery and Quinta do Miradouro Estate, full inventory of equipment, business and goodwill are included in the price (freehold property) of Euros 5.500.000

An E-brochure with full details of the portfolio and business is available, please contact the owner who will forward this information direct.


Quinta do Sobreiro is also offered for sale separately, owned by the Birch family, and consists of a modern 5 bedroom villa with swimming pool; the adjacent licensed vineyards supply the Winery with grapes. The Quinta is an excellent investment opportunity as there is a holiday rental contract in place with an income in excess of Euros 38,000 per annum. This property is offered for sale separately at Euros 1.000.000 and details are available on request.

We are able to assist those who wish to apply for a Golden Visa in Portugal, applicable for investors outside the EU who invest in excess of Euros 500,000 and purchasers interested in Non Habitual Tax Residency.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

The larger of the two properties has four double bedrooms, three bathrooms, a large lounge / dining room, full central heating with log burning fire and a fully fitted kitchen with breakfast area. There are mature landscaped gardens, private pool and outdoor barbecue and entertaining area. The second property has three bedrooms, three bathrooms and an open-plan kitchen / lounge and dining area, all opening onto the terrace, garden and private pool area. The property also has full central heating and a log burning fire. There is a tennis court offering spectacular views over the vineyards and down to the coast. There is also a studio apartment on site presently used by inhouse security, and various offices and farm buildings

Location:

Guia Albufeira

Premises Details:

Central Algarve important tourist location

Size in square feet:
Approx 2,000 sq metres
Planning Consent:

Planning consent and all licenses in place

Business Operation

Expansion Potential:

Potential to increase trade, further exports to China and Russia, promote as wedding venue; create restaurant facilities.

Competition / Market:

The Algarve´s major award winning Winery

Reasons for selling:

Owners are in their 70's and feel it is time to pass on the dream.

Trading hours:

Monday to Friday - 10:00-13:00 14:00- 17:00

Employees:
7
Years established:
15 years

Other Information

Support & training:

Excellent fully trained staff - The business can be managed by absentee owners if necessary.

Related Documents:
Home based:
This business can be run from home.

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