If you're looking to buy a commercial property in the Algarve that includes vineyard land and rental licenses, this estate is your ideal choice. Located near Espiche, it features three cottages, all equipped with tourism rental licenses and set within a sprawling 14,400m² plot. Each cottage offers three bedrooms, a bathroom, and a versatile living area, making it perfect for accommodating guests or generating rental income. With a communal swimming pool and easy access to local amenities, beaches only 1.5km away, and golf courses nearby, this property caters perfectly to the tourist market. The vineyard on-site is not just picturesque; it produces award-winning red wine, enhancing the appeal for investment. Additionally, the proximity to major conveniences and transportation to Faro airport is advantageous for both guests and owners alike. This estate has the potential for excellent rental returns, making it a robust choice for investors. Immerse yourself in the local culture, while also benefiting from a well-established rental income stream. Experience the beautiful surroundings of West Algarve and own a piece of this thriving community. Don’t miss this unique opportunity! Contact us today to arrange 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
