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How do I invest in a property with rental potential and a swimming pool?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Considering investing in a property with rental potential? These three cottages in West Algarve offer just that, complete with tourism rental licenses and a communal swimming pool perfect for holidaymakers. With a combined living area of 219 m² and a plot area of 14,400 m², this is an exceptional investment opportunity for those looking to diversify their portfolio with quality real estate.

Located a mere 1.5 km from gorgeous beaches and a short distance from vibrant towns like Praia da Luz and Burgau, this property is ideally situated to attract tourists. The cottages feature modern amenities, including spacious bedrooms and comfortable living areas designed for relaxation and socialising. The property not only boasts a pool but is also surrounded by stunning vineyards, known for producing award-winning wine in the region.

This estate ensures not just ownership of beautiful cottages but also the potential for excellent rental revenue, making it a financially sound decision. With golf courses and local conveniences nearby, the appeal of these cottages extends beyond just the interior spaces.

Don’t miss out on this golden opportunity to invest in a property that combines luxury living with strong rental prospects. Contact us today to learn more!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
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