The cost of these 3 cottages with tourism rental licenses in the Algarve is €1,600,000. Located near Espiche, these properties boast a communal swimming pool, agricultural land with a vineyard producing award-winning wine, and provide excellent rental revenues. Each cottage consists of three bedrooms, a bathroom, a kitchen, and a living area, making them ideal for families or groups. Situated just 1.5 km from the beautiful beaches of Praia da Luz and Burgau, this property is a perfect investment for buyers looking to generate income through holiday rentals. The surrounding area offers easy access to golf courses and local amenities, and it’s only 68 km from Faro airport. Enjoying over 14,000 m² of land, there's ample outdoor space for relaxation and recreation. This unique offering combines residential comfort with lucrative business potential, making it a remarkable investment opportunity. Don't miss out on this chance to own a slice of paradise in the Algarve. Contact us today to learn more about this exclusive 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