This unique property, consisting of three fully licensed cottages near Espiche, is listed at a price of 1,600,000 euros. Set within a stunning landscape of over 14,000 square metres, the estate includes a well-established vineyard that produces regional award-winning red wine, a rare offering to buyers interested in both real estate and viticulture. Each cottage has three bedrooms and a communal pool, ensuring strong rental potential during the busy holiday season. Located just 1.5km from beautiful beaches and essential amenities, this property is perfect for those seeking a lucrative investment opportunity. The cottages also come complete with all the necessary facilities, including carports, satellite TV, and internet access. With the local towns of Praia da Luz and Burgau nearby, residents will enjoy a vibrant lifestyle with various recreational activities available. This property is a great fit for buyers looking to combine a residential experience with a business venture in a prime Algarve location. Don't miss out on this exceptional opportunity – for more details on pricing and viewing arrangements, contact us 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