Invest in these three cottages that come with tourism rental licenses, making them ideal for generating income in the vibrant West Algarve region. Located near Espiche, these properties are perfect for buyers seeking a commercial venture with good rental revenues. Each cottage features three bedrooms, a bathroom, and spacious living areas, promising a comfortable stay for holidaymakers while capitalising on the high tourist demand in this popular area.
The properties are surrounded by 14,400m² of land, home to a vineyard producing award-winning regional red wine, enhancing the investment potential for those interested in agritourism. With a communal swimming pool and landscaped gardens, these cottages offer an appealing holiday experience only 1.5km from the nearest beautiful beaches. Nearby golf courses and easy access to local amenities make these cottages an attractive option for holiday rentals.
Additionally, the estate's proximity to Lagos and the motorway to Faro airport facilitates smooth logistics for guests, increasing occupancy rates. Ideal for savvy investors looking to maximise returns, this estate blends luxury living with business potential. Don’t miss out on this unique chance to own a profitable holiday rental business in the Algarve. Contact us now to explore this 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
