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What are the best investment properties for sale with a communal pool near Praia da Luz?

Guesthouse in Praia da Luz

ref. LW1100
18.495.574NOK
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

The best investment properties for sale near Praia da Luz with a communal pool are the three delightful cottages located in Espiche, currently priced at €1,600,000. Each cottage boasts a rental license, ensuring a steady stream of rental income for the savvy investor. These properties come with access to a beautiful communal swimming pool and are surrounded by an expansive vineyard that produces award-winning wines. Situated just 1.5 km from the coastline and surrounded by local amenities, golf courses, and picturesque villages, these cottages are perfect for attracting holidaymakers. Each cottage is spacious, featuring three bedrooms and a comfortable living area, ideal for families or groups looking for a relaxing getaway. The investment potential is significant, especially as the Algarve area continues to grow in popularity for tourists. This property not only provides a wonderful lifestyle but also a fantastic opportunity for profit. Act fast and secure your investment in one of the Algarve's most desirable locations. Contact us today to explore these properties!

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
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