The cost of acquiring 3 stunning cottages with a commercial vineyard near Espiche in the Algarve is €1,600,000. Each cottage comes with tourism rental licenses, making them ideal for buyers looking to invest in the thriving holiday rental market. With a combined living area of 219m² and situated on a 14,400m² plot, these properties provide a lucrative opportunity for returning clients, especially given their proximity to beaches and local amenities.
Perfect for those interested in a countryside lifestyle, these cottages are just 1.5 km from Praia da Luz and Burgau beach, offering a fantastic location for holidaymakers. The communal swimming pool ensures that guests can enjoy their time outdoors during the warm Algarve summers.
Each cottage features 3 bedrooms, ample bathrooms, a modern kitchen, and spacious living areas that boast character and comfort. The vineyard cultivates grapes used to produce award-winning regional red wine, creating an attractive aspect for potential visitors.
Located essentially between local shops and renowned golf courses, this property offers both tranquillity and convenience. With good rental revenues reported, this investment not only promises enjoyment for personal use but also sustainable income potential.
Whether you envision hosting guests or wish to enjoy tranquillity amidst your vineyard, these cottages blend comfort and commercial opportunity seamlessly. Contact us now to schedule a viewing and explore this unique investment opportunity in the Algarve.
• 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