If you're looking for the best cottages near Espiche with significant rental income potential, these three cottages in West Algarve fit the bill perfectly. Offered at €1,600,000, this attractive property includes tourism rental licenses, making it a lucrative investment for buyers. Located a mere 1.5 km from the beautiful beaches of Praia da Luz and the vibrant atmosphere of Burgau, this estate attracts holidaymakers year-round. The spacious cottages feature nine bedrooms in total and a communal swimming pool for a delightful vacation vibe. Combining over 14,000m² of land with its own vineyard, which produces acclaimed regional wines, these cottages present both a lifestyle choice and a business opportunity. With local amenities and golf courses nearby, the location is ideal for both residents and renters. Further enhancements include fully furnished interiors, dedicated parking, and inviting outdoor spaces. Ideal for those looking to purchase a guesthouse or holiday rentals, this property offers numerous avenues for income generation. Connect with us today to explore this magnificent investment 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
