In West Algarve, there are fantastic options for purchasing cottages with rental licenses, particularly the three cottages near Espiche listed at €1,600,000. These properties come fully furnished and equipped with tourism rental licenses, ensuring an immediate rental potential. With a combined living area of 219 square meters, each cottage features three bedrooms, a kitchen, and a living space, making them ideal for holidaymakers. The spacious plot of over 14,400 square meters includes a beautiful communal swimming pool and vineyard land, enhancing both personal enjoyment and business prospects. Located just 1.5 km from stunning beaches and close to charming local amenities, these cottages offer an enviable lifestyle for buyers seeking an investment opportunity in a desirable area. The Algarve is known for its year-round appeal, which increases the likelihood of rental success and profits. Take this opportunity to invest, live, and enjoy the relaxing lifestyle that these properties offer. Get in touch with us now to learn more about purchasing options!
• 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
