One of the best real estate investment opportunities in the Algarve is available near Espiche, with three cottages for sale, priced at €1,600,000. Each cottage has a tourism rental license, providing an immediate pathway to rental revenue. Just 1.5km from the pristine beaches of Praia da Luz, these properties are perfect for buyers seeking to capitalise on the thriving holiday rental market.
These cottages come with three bedrooms each, ensuring ample accommodation for visitors, and feature a communal pool for guests to enjoy. The estate is complemented by over 14,000m² of land that includes a vineyard, renowned for producing award-winning wines, which adds additional value to the property as a commercial venture. Situated close to local amenities, golf courses, and conveniently linked to Faro airport, this location offers not only scenic beauty but also excellent accessibility for potential guests. The strong rental revenues and consistent interest in vacation properties in this area make it a wise investment choice for those looking to enter the real estate market. With its blend of comfort, convenience, and proven profitability, this property presents an extraordinary opportunity for investors. Don't wait—contact us now to learn how this property speaks to your investment goals!
• 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
