Located near Espiche, Algarve, these three cottages offer excellent opportunities for purchasing properties with valid tourism rental licenses. Each cottage comes with three bedrooms and provides complete comfort for guests, making them an ideal investment for rental purposes. The asking price for this attractive property portfolio is €1,600,000, incorporating not only the cottages but also a communal swimming pool and a splendid vineyard on over 14,000 m² of land. The cottages are designed to meet both residential and commercial needs, offering ample living space, kitchen facilities, and shared recreational areas. Just 1.5 km from stunning beaches, these cottages benefit from a prime location that is highly sought after by holidaymakers. Their close proximity to local amenities and golf courses enhances the rental appeal, ensuring a steady demand for guests seeking vacation stays. With the potential for strong rental revenues, this property investment promises a rewarding venture in the buoyant Algarve market. Owning cottages with tourism licenses is a unique advantage, allowing you to tap into the growing tourist market effectively. If you’re considering an investment that combines lifestyle with profitability, these cottages should certainly capture your interest. Explore this exceptional opportunity to secure a lasting asset in a picturesque setting. Contact us today to arrange a viewing and seize your chance to invest!
• 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
