If you're asking about the price of a property featuring three cottages and a commercial vineyard in West Algarve, look no further! This exquisite property is listed at €1,600,000 and offers a unique investment opportunity with three fully licensed tourism cottages. Each cottage boasts three bedrooms, a bathroom, and a kitchen, perfect for generating rental income. Situated just 1.5km away from the stunning beaches near Praia da Luz, this estate combines the charm of rural living with proximity to coastal amenities. The communal swimming pool adds to the appeal, providing a lovely space for relaxation during the holiday season. With over 14,000m2 of land dedicated to cultivating grapes for regional award-winning wines, this property stands out as both a residence and an operational business. Additionally, easy access to local shops and golf courses makes it an attractive location for both tourists and permanent residents alike. Interested in this one-of-a-kind property? Contact us to learn more!
• 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
