The cottages with a swimming pool for sale near Praia da Luz are priced at €1,600,000 and offer a fantastic investment in West Algarve. Nestled just 1.5km from the beach, this property features 3 completely furnished cottages, each equipped with their own tourism rental license. Ideal for buyers looking to capitalise on the popular tourist market, the property includes a stunning communal pool and extensive agricultural land. The 14,400 square metres of land is perfect for cultivating the vineyard that produces regional award-winning wine. Located close to local shops and golf courses, residents can enjoy convenient access to everything. With living areas ranging up to 291 square metres, this property is well-suited for families or groups looking for a holiday retreat. Each cottage features a comfortable layout, with spacious living rooms and outdoor terracing to soak up the sun. This property not only represents leisure living but also a reliable source of rental income. Schedule a viewing to see this dream property before it's off the market!
• 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