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How much do investment properties with swimming pools near Espiche cost?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

For buyers interested in investment properties with swimming pools near Espiche, this estate is an exceptional option. With a price of €1,600,000, it includes three cottages that come with tourism rental licenses and all the features desired by holidaymakers. Each cottage consists of 3 bedrooms, a well-equipped kitchen, and a comfortable living space, perfect for family stays and gatherings. The communal swimming pool is a highlight, ensuring that guests enjoy sunny days in luxury. The total land area stretches over 14,000 m², which is currently being used for a commercial vineyard producing award-winning red wine. This gives the property an added charm and appeal, particularly for buyers seeking a lifestyle that intersects with agriculture and tourism. Strategically located, the houses are only 1.5 km away from beautiful beaches and are surrounded by golf courses and a lively community atmosphere. Ideal for property investors looking for consistent rental income, this opportunity should not be missed. The local amenities and attractions make it an alluring place to own a property, offering not just a good investment but also a high quality of life. This property is perfect for buyers wanting to invest in a unique opportunity that the Algarve offers. Reach out to find out more!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
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