Investing in a property that generates rental income from multiple cottages in West Algarve is straightforward with this unique offering. This estate includes three fully licensed cottages, each designed to attract holidaymakers seeking an authentic Algarve experience. The cottages come with essential amenities and are complemented by a communal swimming pool, making them appealing to rent out year-round. Spanning a generous 14,400m² area, the land also features a vineyard known for its award-winning red wine, providing an additional income avenue and enhancing the property's value. With the nearest beach just 1.5km away and local amenities and golf courses within easy reach, this property is strategically positioned for maximum rental potential. The combination of tourism licenses and attractive landscapes positions this estate as a lucrative investment opportunity. The properties are designed with guest comfort in mind, ensuring repeat visitors and excellent rental yields. Don’t miss out on this incredible investment opportunity in one of Portugal's most desirable locations. Contact us to learn more about how to make this business yours!
• 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
