The price for these commercial cottages with rental licenses near Espiche is €1,600,000. This investment offers not only a beautiful residence but also a lucrative opportunity in the growing tourism sector of West Algarve. Consisting of three fully equipped cottages, each with three bedrooms and their own amenities, this property offers excellent rental potential, especially during the peak travel seasons. In addition to the cottages, the estate spans a remarkable 14,400m², currently dedicated to cultivating vines for producing award-winning wines. This not only adds aesthetic value but also enhances the overall appeal to tourists looking for unique local experiences. Located just 1.5 km from pristine beaches and close to various golf courses, these cottages provide accessibility to a lifestyle that blends relaxation with adventure. Buyers seeking a return on investment will find this property particularly attractive as it is already operating and generating good rental revenues. This type of opportunity in West Algarve, with its tourism licenses and operational status, is rare—don't hesitate to inquire about the potential to own such a profitable venture. Reach out now to discuss further details and arrange a viewing!
• 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
