Investing in guesthouses with vineyards in Algarve presents incredible potential, especially with properties like these three cottages near Espiche. The investment price is set at €1,600,000, and with valid tourism rental licenses, you can capitalize on the booming holiday rental market. Each cottage features three spacious bedrooms, a kitchen, a living area, and access to a communal pool, perfect for accommodating guests looking for a relaxing escape. Additionally, the vineyards on the property, spanning over 14,000m², produce award-winning wines, giving guests a unique Agritourism experience. Situated just 1.5km from major beaches and close to the charming coastal towns, this location assures a steady influx of visitors. The combination of real estate and vineyard business provides diversifying income sources, boosting ROI prospects tremendously. The Algarve's sunny climate and the proximity to local amenities make this opportunity irresistible. Whether you're new to investment or looking to expand your portfolio, this presents a rare chance to engage in hospitality in a desirable region. Schedule a showing with us to discover the full potential 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
