Considering the rental potential of cottages in Espiche, Algarve? This property offers three cottages with tourism rental licenses, poised to generate significant rental income. Located just 1.5km from the popular Praia da Luz, these cottages are strategically positioned to attract holidaymakers seeking relaxation in stunning surroundings.
With well-appointed amenities, each cottage features three bedrooms, a living area, kitchen, and outdoor spaces, complemented by a communal swimming pool ideal for guests. The potential rental revenue combined with a commercial vineyard on the estate helps establish a robust investment portfolio.
The estate spans an expansive 14,400m² and its unique features, including award-winning red wine production, stand out in the rental market. Other local highlights include nearby golf courses and easy access to local shops, catering to the needs of both tourists and long-term residents.
Investing in this property means capitalising on the thriving holiday rental market of Algarve, as well as engaging in the delightful vineyard industry. Now is an opportune time; don’t hesitate to contact us for more information on expected rental returns!
• 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
