The cost of these three cottages with tourism rental licenses near Praia da Luz is set at €1,600,000. This comprehensive property package includes fully furnished accommodations, a communal swimming pool, and is situated just 1.5km from the beach. Each cottage comprises three bedrooms, a bathroom, and spacious living areas, providing comfort and convenience for guests. With a sizable plot of 14,400m², the surrounding land is cultivated with grapevines, producing award-winning wines, adding a unique charm to the property. Located near the popular tourist areas of Espiche and Almadena, this investment is perfect for those looking to enter the lucrative rental market. With proximity to local amenities and golf courses, it has excellent rental potential. For buyers serious about investing in a guesthouse in Algarve, this opportunity is not to be missed. Reach out now for more details!
• 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