Investing in commercial rental properties in Algarve just got easier with these three cottages equipped with tourism rental licenses and a communal swimming pool. Priced at €1,600,000, this investment opportunity sits near popular tourist destinations like Praia da Luz and Burgau, making it perfect for holiday rentals. Each cottage features three bedrooms, well-equipped kitchens, and open living areas, promising a comfortable stay for guests. The property also includes an extensive vineyard that produces award-winning red wine, adding a unique selling point. With a total plot size of 14,400 m², there's plenty of potential for outdoor activities and expansion of rental options. With their close proximity to local attractions and the motorway to Faro Airport, these cottages have the ideal commercial appeal. Perfect for buyers seeking a hassle-free investment in a serene location. Contact us for more details on how to secure your 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