For those looking to explore the best investment opportunities for tourist rentals in the Algarve region, this estate with three cottages is a prime choice. Each cottage is already equipped with tourism rental licenses, enabling immediate operation in the thriving holiday market. This property is set on a generous 14,400m² plot and features a communal swimming pool that is attractive to holidaymakers looking for a relaxed stay in the Algarve. The estate is located just 1.5km from the beach, close to local shops and golf courses, enhancing its appeal to potential renters. Ideal for a savvy investor, this property offers not only the chance to gain from short-term rentals but also the unique benefit of vineyard land producing award-winning red wine. Such offerings can dramatically increase rental income, particularly during peak tourist seasons. With excellent rental revenues reported, this estate represents a sustainable investment that promises a strong return. This is an opportunity not to be missed! Connect with us now to discuss the potential of this worthwhile investment.
• 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
