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What is the price for three cottages with a vineyard near Espiche?

Guesthouse in Praia da Luz

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

The price for these three remarkable cottages with a vineyard near Espiche is €1,600,000. Each cottage is complete with tourism rental licenses, perfect for generating income from holiday lettings. Set on a vast plot of 14,400m², these properties include a successful vineyard committed to crafting regional award-winning red wine.
Offering a generous living area of 219m², each cottage boasts three bedrooms, a bathroom, and spacious common areas, making them ideal for family or group getaways. The cozy communal swimming pool enhances the property’s appeal, providing a great space for relaxation. This location is merely 1.5km from breathtaking beaches, aligning with the desires of holidaymakers.
Situated in a popular region of the Algarve, the cottages are also near to golf courses and local amenities, ensuring a convenient lifestyle. The accessibility to major transport routes leading to Faro airport further increases the appeal for potential renters. With strong rental potential and the unique aspect of owning a vineyard, this property is a fantastic investment opportunity. Take the first step towards your dream investment and contact us today for more information!

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
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