For buyers looking to purchase a guesthouse with promising rental income in Portugal, these three cottages in the Algarve stand out. Each cottage is equipped with tourism rental licenses, enabling immediate operation as a guesthouse. Situated near Espiche and Almadena, the property is strategically placed within reach of local amenities, golf courses, and just 1.5km from beautiful beaches. The estate spans over 14,000 square metres, featuring a communal pool and a commercial vineyard that produces renowned wines, enhancing its appeal to tourists. With spacious interiors across a total living area of 219 square metres that includes three bedrooms, bathrooms, and essential living facilities, these cottages can easily accommodate families and groups. This property not only offers a comfortable environment for guests but also represents a lucrative business opportunity for prospective buyers. With the influx of tourists to the Algarve region, investing in these guesthouses could yield strong rental returns, making it a financially sound decision. Enjoy the benefits of owning a serene retreat combined with the excitement of managing a flourishing guesthouse. Don’t wait—contact us today to discover more about this unique investment opportunity!
• 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
