In the Algarve, specifically near Espiche, you can find 3-bedroom cottages for investment priced around €1,600,000 for three fully furnished cottages. Each cottage comes with a tourism rental license, enhancing its investment value for buyers looking to enter the short-term rental market. Positioned only 1.5km from desirable beaches in Praia da Luz, including all essential amenities, these properties represent a smart choice for serious investors.
Featuring a total living area of 219m², each cottage provides comfortable living spaces, suitable both for holiday makers and long-term renters. Buyers will appreciate the well-tended communal pool area and the expansive surrounding land, over 14,000m², used for cultivating high-quality vineyards that yield award-winning regional wines. This unique setting enhances the attractiveness of the property to potential renters, ensuring consistent occupancy rates throughout the tourist season.
Moreover, the estate is easily accessible from major roads for both tourists and residents, enhancing its commercial appeal. With its combination of attractive location, rental licenses, and strong rental yield potential, these properties offer an exemplary investment opportunity. Don’t miss out—contact us now to learn more about this highly desirable location!
• 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
