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What is the cost of cottages with a vineyard and pool in West Algarve?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

The cost of these charming cottages with a vineyard and communal pool in West Algarve is £1,600,000. Perfect for buyers looking for investment opportunities, these 3 cottages come fully furnished and equipped with tourism rental licenses, making them ideal for holiday rentals. Situated near Espiche and Almadena, just 1.5km from the beautiful beaches, you are also close to golf courses and local amenities. Each cottage features 3 bedrooms, a bathroom, a kitchen, and a spacious living area designed for comfort. Encompassing a generous plot of 14,400m², the property includes a commercial vineyard known for producing award-winning regional red wine. This presents a unique investment potential with good rental revenues, especially during the holiday season. Each cottage has an outdoor space, terrace, and a carport, ensuring comfort and convenience for guests. Additionally, mains water and borehole systems, alongside internet and satellite TV, provide modern living benefits. If you have been searching for a smart investment in the Algarve with excellent rental income, look no further. This property can be accessed easily via the main road, along with ample parking spaces on-site. Explore the beautiful surroundings while enjoying the tranquillity of rural living and the proximity to the coast. Contact us now to schedule a viewing and capitalise on this incredible opportunity!

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
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   +