Your Property Specialists
Machine house
Full Screen

What are the best investment opportunities for holiday rentals near Almadena?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

For savvy investors seeking the best opportunities for holiday rentals near Almadena, this property is an excellent choice. Priced at €1,600,000, it offers three cottages, all equipped with tourism rental licenses, making them an attractive package for generating rental income. The property’s location, just 1.5km from beautiful beaches, enhances its appeal to holidaymakers.

The estate consists of three individual cottages, each offering three bedrooms and thoughtfully designed living spaces, complemented by outdoor terracing and a communal pool, ensuring guests have a wonderful experience. Further adding to its allure is the expansive 14,400m² land featuring a commercial vineyard that produces regional award-winning red wine.

Investors can benefit from the dual income potential from actual rentals and vineyard operations. Situated close to local shops, golf courses, and easy road access to Faro airport, the location is convenient for short-term visitors seeking long-term relaxation in beautiful Algarve.

This property is a prime example of leveraging lifestyle and investment potential in a popular tourist destination. Don’t miss out on this golden opportunity; contact us today to schedule a personalized viewing or to gather more information!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
Enquire Now   +