Investing in a property with tourist licenses and a vineyard in West Algarve has never been easier with this unique offering. This property features three cottages, each with their own tourism rental license, making it a prime candidate in the lucrative Algarve rental market. The price of €1,600,000 reflects the unique combination of accommodation and an operational vineyard, perfect for buyers looking to diversify their investments in real estate.
Located just 1.5km from the nearest stunning beach, this estate is ideally situated close to the charming villages of Espiche and Almadena. Each cottage has three spacious bedrooms, a balanced kitchen, and a living area perfect for family gatherings or hosting guests. The communal swimming pool offers a refreshing spot to relax and enjoy the warm Algarve sun, enhancing the property's appeal for vacation rentals.
This investment not only offers a lucrative return but also allows you to engage in viticulture, with over 14,000m² dedicated to grape production for award-winning wines. The surrounding beauty, combined with easy access to local amenities, golf courses, and Faro airport, makes this property even more enticing. The rental potential is supported by the area’s popularity among tourists seeking authentic experiences in the Algarve.
Embrace the opportunity today to secure a profitable investment. Reach out to us for more details and to schedule a personal viewing!
• 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
