Investing in a property with a communal pool and vineyard in Algarve is straightforward with this unique offering near Espiche. This estate consists of 3 charming cottages, each with tourism rental licenses, situated on an expansive 14,400 m² plot that includes a working vineyard. The cottages are designed for comfort, featuring 3 bedrooms, a living area, and direct access to a communal swimming pool.
This combination of residential and commercial potential makes the property a fantastic opportunity for buyers. Nestled just 1.5 km from beautiful beaches and close to local amenities, your guests will have everything they need for a perfect holiday experience.
The vineyard not only enhances the aesthetic appeal but also adds a distinctive business angle, producing acclaimed regional wines. High rental yields further sweeten the investment potential, making it an ideal choice for those keen on passive income.
Additionally, this location offers easy access to golf courses and the motorway to Faro airport, ensuring you’ll attract a wide range of tourists. For those looking to delve into the Algarve property market, this property exemplifies a sound investment strategy. Get in touch now for more information on how to proceed!
• 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
