Investing in rental cottages close to the beach in the Algarve can yield impressive returns, especially with properties like the three-cottage estate near Espiche. Located just 1.5 km from stunning beaches, these cottages come with full tourism licenses and are designed to attract holidaymakers seeking a perfect getaway. With the right management, you can expect significant rental income, particularly during the summer tourism season, capitalising on the area's popularity.
Each of the cottages features three bedrooms along with a communal pool and beautifully landscaped outdoor spaces which appeal to family and group vacations. The surrounding 14,400m² of land includes a vineyard dedicated to producing award-winning regional wines which can also attract niche markets interested in wine tourism.
Given the location and amenities, the potential for rental revenue is substantial. Vacation rentals in this area typically achieve high occupancy rates, especially during peak seasons, making this property an attractive investment for those considering the short-term rental market.
Lastly, with easy access to amenities and local attractions, this property is not just a great investment opportunity but also a charm-filled retreat. To learn more and explore the financial possibilities of this property, contact us today!
• 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
