Investing in properties with tourism rental licenses in Portugal is straightforward with this opportunity of three cottages for sale. Located near Espiche in West Algarve, these cottages come with valid tourism licenses, which makes them perfect for generating rental income in a thriving tourist market. Each cottage features three bedrooms, communal amenities including a pool, and sits on a vast vineyard producing award-winning wine, enhancing its appeal to potential renters. The property is ideally positioned just 1.5 km from the beautiful beaches of Praia da Luz and close to necessary amenities, assuring a steady stream of tourists during peak seasons. This investment offers not only a residential appeal but also a unique business venture in Portugal's lucrative tourism sector. With good rental returns and exceptional growth potential, you can maximise your investment in this property. Don’t miss out on this chance to explore a profitable investment opportunity in a prime location. Reach out to us to learn more about your investment options!
• 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
