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What is the cost of a property with three cottages and a pool near Espiche?

Guesthouse in Praia da Luz

ref. LW1100
18.504.675NOK
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local
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The cost of this remarkable property featuring three charming cottages and a communal pool near Espiche is €1,600,000. Each cottage is thoughtfully designed with three bedrooms, making it ideal for family getaways or rental purposes. Complete with tourism licenses, these cottages are ready for immediate use as lucrative holiday rentals. The property is only 1.5 km away from stunning beaches and provides easy access to local amenities, adding to its allure for guests and potential buyers. In addition, the surrounding 14,400 m² of land includes a vineyard producing award-winning regional wine, presenting excellent investment potential to buyers. With an expansive area dedicated to relaxation outside and beautiful views of the countryside, this property also includes essential amenities such as storage and carports. Buyers looking for a profitable venture in the Algarve should consider this unique opportunity. Contact us for more details or to arrange a viewing today!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Fireplace
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
Enquire Now   +