For those seeking the best investment opportunities in the West Algarve, look no further than these three cottages, each equipped with tourism licenses, ideal for holiday rentals. Priced at €1,600,000, this property offers a lucrative pathway into the thriving rental market. Located just 1.5km from the coast, these cottages not only provide luxurious living options but also come with an agricultural vineyard that contributes to the local economy. With a communal swimming pool to enhance the guest experience, these cottages include essential amenities such as mains water and internet. The surrounding land of over 14,000m² offers space for development and enhancement of the rental appeal. Interest in the region continues to grow due to its proximity to popular beaches, golf courses, and local attractions, ensuring high occupancy rates and excellent returns on investment. Explore the potential of this lucrative opportunity today! Reach out to us for further insights and to arrange 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
