Investment properties with a vineyard and significant rental potential in Espiche are available for €1,600,000. This price encompasses three cottages that come fully equipped with tourism licenses, allowing immediate rental opportunities in the sought-after Algarve region. Nestled within an expansive plot of over 14,000m², these cottages are perfectly positioned just 1.5km from stunning coastal beaches, ideal for attracting holidaymakers.
Each cottage features three bedrooms, a well-appointed kitchen, and a spacious living area. They are designed for comfort while also serving the function of short-term rental properties, contributing to strong rental yields. The communal swimming pool offers a shared space for relaxation, ensuring that every guest enjoys their stay fully.
In addition to their rental potential, these properties include a commercial vineyard that produces award-winning wines, enhancing their appeal to buyers seeking unique investment opportunities. The location makes it convenient for tourists to explore local attractions, shops, and golf courses.
Possessing a mix of lifestyle and business potential, this investment is ideal for those looking to diversify their portfolios. Act now to secure one of the Algarve's premier investment properties. Contact us today to discuss this 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
