The best business opportunity in the Algarve includes a remarkable collection of 3 cottages with a vineyard in the desirable location of Espiche. For an asking price of €1,600,000, these cottages come with established tourism rental licenses, presenting a fantastic business perspective for new owners.
Each cottage is designed to provide comfort, comprising 3 bedrooms, modern living spaces, and a generous total living area of 219m². With a nearby communal swimming pool, guests are treated to a luxurious holiday experience. Plotting over 14,400m², the land includes a thriving vineyard that yields award-winning red wine, contributing further to the allure of this unique business venture.
The cottages’ prime location, just 1.5 km from the beaches of Praia da Luz, ensures that they remain in high demand among tourists seeking a countryside escape. Ease of access to local shops, golf courses, and other amenities enhances the commercial attractiveness of these properties.
Additionally, the strong rental revenue potential can provide excellent returns for a savvy investor wishing to capitalise on the Algarve's tourism boom. This property offers the perfect balance of lifestyle and income, making it an unparalleled opportunity in the Algarve market. Contact us today to learn more!
• 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
