If you're wondering about the cost of a property with three rental cottages and a vineyard in the Algarve, this stunning estate is currently listed at €1,600,000. Ideal for buyers looking to invest in rental properties, this estate has all three cottages complete with tourism licenses, making it a profitable venture. Nestled on a vast 14,400m² plot, the combined living area of 219m² offers plenty of room for guests. Each cottage comes with three bedrooms, allowing for comfortable stays near the tranquil beaches, just 1.5km away. The communal swimming pool adds an attractive feature for those seeking relaxation and enjoyment during the summer months. Furthermore, by having a commercial vineyard that produces award-winning wine, this property not only enriches your lifestyle but also presents additional income opportunities. The property's strategic location near amenities, golf courses, and the motorway leading to Faro airport ensures convenience for visitors. Purchasing this estate means more than just a home; it’s an investment in the rich culture and lifestyle of the Algarve. Contact us to get more details about this unique 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
