The cost of this extraordinary property featuring a vineyard near Praia da Luz is €1,600,000. Located in the charming region of West Algarve, it comprises three cottages all equipped with tourism rental licenses, which significantly enhance its investment appeal. Situated 1.5km from stunning beaches, these cottages each offer three bedrooms, a bathroom, and all necessary amenities for guests.
Spanning over 14,000m², the land is home to a productive vineyard that contributes to producing award-winning wine, making it not just a home but a thriving business opportunity. The cottages provide a perfect setting for holidaymakers desiring a blend of relaxation and adventure, with golf courses nearby and essential services within arm's reach.
Moreover, the property's communal swimming pool, ample outdoor space, and carport facilities add to its desirability. This investment not only promises potential rental income but also a lifestyle close to nature, splendid views, and the vibrant culture of Algarve. To explore this unique property and learn more about its features, contact us today!
• 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