Discover these beautifully appointed 3-bedroom cottages on the market for €1,600,000 near Praia da Luz, perfect for buyers interested in a profitable investment. Located just 1.5km from the stunning beaches and the charming coastal towns of Praia da Luz and Burgau, these cottages promise not only comfort but also a lucrative rental potential due to their desirable location.
Each of the three cottages comes fully equipped with a complete kitchen and living area, along with tourist rental licenses, offering an immediate path to earning rental income. Beyond the cottages, enjoy a communal swimming pool and expansive outdoor areas surrounded by nature, creating an inviting environment for guests.
With excellent local amenities nearby, including shops and golf courses, this picturesque setting appeals to those seeking a holiday home or rental property in the Algarve. Investing in these cottages means tapping into the thriving tourism market, renowned for its warm climate and stunning coastline. The property is ready for both personal use and generating additional revenue, making it a versatile investment choice. Reach out to us today for a private viewing!
• 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
