Cottages with a commercial vineyard in Espiche are currently listed for sale at approximately €1,600,000. This investment opportunity includes three fully furnished cottages, each equipped with tourism rental licenses, a communal swimming pool, and extensive vineyard land used for producing award-winning regional wine. Positioned just 1.5 km from stunning beaches and close to the charming villages of Espiche and Almadena, these cottages offer a lucrative venture for any serious buyer. The combined living area is around 219 square meters, while the total plot spans over 14,400 square meters. With a strategic location near local amenities and golf courses, potential buyers can enjoy a lifestyle blended with leisure and business. This area is on the rise, providing a great return on investment through holiday rentals. Each cottage features three bedrooms, a kitchen, and a living area, catering perfectly to holiday visitors. The unique selling point of having vineyard land adds substantial value, making this a rare find in the Algarve. Don't miss this chance to invest in a lifestyle as charming as the Algarve itself. Contact us to learn more about this exceptional opportunity!
• 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
