The asking price for these unique cottages, perfectly situated near Espiche in West Algarve, is €1,600,000. This investment includes three cottages each boasting three bedrooms and complete with tourism rental licenses. A significant highlight is the vineyard on over 14,000 m² of land producing award-winning regional red wine, alongside a shared swimming pool ideal for guests. Located just 1.5km from stunning beaches, this property enjoys proximity to amenities and golf courses, making it an excellent investment opportunity. Each cottage comes with a living area, bathroom, kitchen, and outdoor space for guests to unwind. These fully furnished cottages are ideal for holiday rentals, capitalizing on the vibrant tourism scene in the Algarve. With good rental revenues, you can expect a lucrative return on investment while enjoying a tranquil setting. The communal pool offers a great amenity during the holiday season, enhancing guest experiences. Additionally, the nearby towns of Praia da Luz and Burgau provide a rich culture and lifestyle, perfect for attracting tourists. The property's easy access from major roads, and ample parking further enhance its appeal. For serious buyers looking to enter the rental market, this investment is packed with value and potential. Don't miss this fantastic opportunity to secure a picturesque property with a vineyard and a pool. Contact us now to arrange a viewing and discover the true potential of this exquisite estate!
• 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
