Investing in a guesthouse with substantial rental potential in the Algarve is made easy with this property. The estate includes three fully-furnished cottages, each equipped with tourism rental licenses, ensuring you can begin generating income immediately. Located close to Espiche, the property is only 1.5km from the nearest stunning beaches, making it highly attractive to holidaymakers. With a generous 14,400m² of land that features a vineyard, your investment not only offers cottage rentals but also the opportunity to produce and sell award-winning wines. Each cottage consists of three bedrooms, communal living spaces, and outdoor areas that enhance the guest experience. The additional communal swimming pool is another significant draw for vacationers. Close to local amenities and with easy access to golf courses, this property is ideal for attracting both short-term and long-term tenants. To maximise your investment, the cottages offer good rental revenue potential during the high tourist season. This is a unique opportunity to establish a profitable guesthouse in one of Europe's most beloved destinations. Get in touch with us to learn more about this lucrative investment!
• Operating Business
• Plot 14400m²
• Living area 219m²
• All 3 cottages complete with tourism licenses
• Close to amenities, beach and golf
• Good rental revenues
• Nearest Beach: 1.5km
These properties are located a few kilometres outside of Lagos, a short distance from local shops, golf courses and the coastline along with its beaches.
Each cottage has 3 bedrooms, a bathroom, kitchen and living area as well as carport and storage space. There is also outside space, terracing and a communal swimming pool so that the area can be enjoyed in the holiday season too.
Surrounding the properties are over 14,000m2 of land used to cultivate grapes to make regional award-winning wine. This estate can be easily accessed from the main road, and with parking spaces onsite, this would make a perfect commercial rental opportunity.
Amenities
• Mains water and borehole
• Storage
• Carport
• Shutters
• Open fireplace
• Sat-TV and Internet
Location
• Distance to Sea: 1.5km
• Nearest Beach: 1.5km
• Nearest Golf: 2.5km
• Airport: 68km
• Nearest School: 500m
• Nearest major town (Lagos): 5km
