For those interested in the cost of cottages near Praia da Luz that have commercial potential, these three beautifully designed cottages are currently available for only €1,600,000. Each cottage is equipped with tourism rental licenses and features essential amenities including a communal swimming pool, perfect for attracting holidaymakers. Located just 1.5km from some of the Algarve's most stunning beaches and close to local attractions, this property is ideal for generating consistent rental income. Visitors are drawn to the vibrant culture and stunning scenery of the West Algarve, ensuring that these cottages are always in demand. The site also boasts a 14,000m² area of land dedicated to vineyard cultivation, which not only adds charm but also enhances the investment appeal with its award-winning wine production. With everything conveniently located nearby, including golf courses and shops, this property presents a fantastic opportunity for savvy investors looking to tap into the lucrative holiday rental market. This is a rare chance to invest in a profitable business model in a sought-after location. Explore the potential for income and lifestyle – schedule a viewing 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
