Owning a vineyard cottage near Praia da Luz offers an array of benefits, especially with this property available for €1,600,000. Each of the three cottages on the estate is equipped with tourism licenses, promising excellent rental potential for buyers looking to capitalise on the lucrative holiday rental market. The estate features an impressive 14,000m² of land devoted to cultivating award-winning grapes, extending beyond just residential opportunities. Located a mere 1.5 km from stunning beaches, outdoor enthusiasts will adore the proximity to lovely coastal activities and scenic golfing. The delightful communal swimming pool adds extra value, making it a great retreat for guests and a perfect spot for family gatherings. This property not only provides a charming home but also a functional investment that encourages a relaxed lifestyle amidst splendid surroundings. With diverse rental options and strong local community ties, owning this vineyard estate allows buyers to blend business with pleasure in the beautiful Algarve. Don't miss out on this rare opportunity—contact us today for a viewing and further information!
• 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