This unique property in West Algarve, comprising three cottages, is currently for sale at €1,600,000. Each cottage holds a tourism rental license, making it a desirable investment for buyers looking for rental income opportunities. The estate also features a communal swimming pool and an agricultural plot where grapes are cultivated for regional award-winning wine, enhancing its appeal. The cottages boast a total of nine bedrooms and are located just 1.5 km from pristine beaches and vibrant coastal towns like Praia da Luz and Burgau. This prime location near Espiche offers convenience with local amenities and golf courses nearby. The living area totals 219m², complemented by over 14,000m² of land providing ample outdoor space. Each cottage is fully furnished, featuring a kitchen, living area, and dedicated parking. The investment potential is significant, with good rental revenues expected during the tourist season. A vineyard on-site presents a unique selling point, allowing for additional culinary experiences and local wine production. Investors will appreciate the proximity to Faro airport (68 km away) and easy access to major roads. This area is perfect for those looking to establish a successful guesthouse. Don't miss out on this outstanding opportunity—contact us today to schedule 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
