Main Photo

€5.500.000


International Award Winning Winery

Faro, Portugal

Property Description

Quinta Do Miradouro Estate is the home of the International Award-Winning Winery, Adega do Cantor. A family run business, this unique boutique Winery was developed in 2004, in partnership with Sir Cliff Richard, the Estate is owned by his partners, the Birch family.

The Estate itself has a substantial property value with approx. 2000 square metres of residential and commercial buildings in a prime location in the centre of the Algarve.

Parts of the original estate are over 100 years old, and consist of a 4 bedroom Farmhouse, 3 Bedroom Cottage, Studio Apartment, Administrative buildings, Laboratory, Warehouses, Winery Structure, Bottle Storage, Winery Retail Shop, and Visitor Cellars for wine tasting tours.

In a spectacular location with views to the sea and the mountains in the North, the Quinta do Miradouro is logistically in an important central position in the Algarve. Close to the A22 Motorway, 10 minutes from spectacular beaches and 20 minutes from Faro Airport.

The 12 hectare estate has 10 hectares of licensed vineyards which include Syrah, Aragones, Viognier, and Alicante Bouschet grapes. There are two substantial water tanks supplied by a private borehole capable of storing 500,000 litres of water.

This fully equipped Winery is one of the most modern in Portugal and has the capacity to produce 250,000 bottles with possible expansion to 300,000. Featuring state of the art technology with computerised and thermostatically controlled tank fermenters. The cellars can house up to 150 barrels of reserve wines.

The Farmhouse and Cottage are set in landscaped gardens each with a private swimming pool and only rented out to family and friends during the summer season. There is a tennis court set next to the vineyards and plenty of parking for guests and visitors to the Winery.

Worthy of note, amongst other awards historically, the Vida Nova Reserve 2012 was awarded a prestigious 91 points in the international Decantor Magazine (August 2017 edition).

The holiday accommodation has not been actively marketed over the last 3 years due to the ill health of the owner, however in the past both the Farmhouse and Cottage have been very popular with tourists and of course the Sir Cliff Richard Fan Clubs.

Experienced and loyal staff operate the business making this a perfect opportunity for overseas investors residing in a foreign country.

The Adega enjoys over 10,000 visitors annually and there is huge potential to increase sales with the introduction of a Restaurant and Cafe on the premises. The Algarve is one of the most popular wedding destinations in Europe, and enthusiastic new owners could market the Quinta as an events venue.

A magnificent five-star luxury resort is in the process of being completed and borders the Estate, which will have a huge impact on future wine sales and visitors to the Adega.

The price structure of Euros 5.500.00 is based on the substantial Quinta do Miradouro Estate at Euros 4.000.000 and the Adega do Cantor Winery priced at Euros 1.500.00 which will include full equipment inventory, goodwill, and business (plus Stock at valuation).

Email for full details in our E-Brochure showing all aspects of the Estate and Winery. Please note the property and business cannot be sold separately.


Golden Visa assistance is available.

Contact Morag Richardson
Estate Co-Ordinator
Email vidanovaestates@gmail.com

Additional Details

  • Living Space 600 m2
  • Lot Size 120000 m2
  • Furnished No
  • Garage Yes
  • Central Heating Yes
  • Air Conditioning Yes
  • Garden Yes
  • Pool Yes

Features

  • Award Winning Boutique Winery
  • 2,000 square metres residential and commercial property
  • Prime real estate location
  • Family run business with partner Sir Cliff Richard
  • Experienced Winery Staff
  • 10,000 visitors to the Winery
  • Holiday rental potential
  • Close to beaches and golf courses
  • Centre Algarve location
  • Modern and computerised winery technology
  • Internationally acclaimed wines
  • Capacity to produce 250,000 bottles
  • Potential to install Cafe Restaurant
  • Farmhouse, Cottage, Studio accommodation

< Back to Search

  • Beds
    8
  • Baths
    6
  • Tenure
    Sale
  • Type
    Commercial

Make Enquiry

European-Property.com will send above details to the Advertiser on your behalf. By submitting this form you accept our terms of use and our privacy policy.

My Shortlist

You have no shortlisted properties