For those searching for lucrative investment opportunities in Algarve, this property with 3 rental cottages near Espiche offers exceptional potential. Each cottage is fully licensed for tourism and includes modern amenities, making them an attractive choice for holidaymakers. The communal swimming pool, combined with 14,400 square metres of vineyard land, enhances the charm and marketability of these cottages. Located just 1.5km away from the coast and local amenities, this investment benefits from high tourist footfall. With a total living area of 219 square metres and impressive rental revenues already established, this property is ideally suited for buyers wanting to tap into the rental market. The nearby golf courses and easy access to Faro airport add to the location's allure. Each cottage has spacious living areas and carport facilities, ensuring it caters to family needs and holiday rentals alike. Lovers of natural beauty will appreciate the surrounding countryside views. Invest now in a property that promises both joy and financial growth. Reach out to us for more details or a viewing!
• 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
