If you're asking how much a property with three cottages and ample land near Praia da Luz costs, you’ll be pleased to discover this stunning estate listed for €1,600,000. The property is comprised of three fully equipped cottages, each with tourism rental licenses, providing both residential comfort and excellent investment potential in the desirable Algarve region.
Set within a vast plot of 14,400m², the estate features a communal swimming pool, ideal for guests seeking relaxation while enjoying the warm Algarve sun. Each cottage includes three spacious bedrooms, a bathroom, a dining area, and kitchen facilities, ensuring a delightful experience for visitors.
Located just 1.5km from the beach and in proximity to essential amenities and local golf courses, this property promises significant rental revenue opportunities. With the added advantage of being close to the motorway connecting to Faro airport, it’s perfect for attracting holidaymakers.
Owning this estate not only offers a comfortable lifestyle but presents a unique investment opportunity with the potential for high returns. Buyers looking for a comprehensive property with income-generating potential will find this development an excellent choice. Contact us now to get more information and schedule a 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
