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Where can I buy cottages with rental licenses in West Algarve?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

You can buy enchanting cottages with rental licenses in West Algarve, specifically near Espiche. This collection of 3 fully licensed cottages is perfect for buyers looking to invest in a property that not only offers comfortable living but also provides rental income potential. Each cottage features 3 bedrooms, a bathroom, and a communal swimming pool, all situated just 1.5 km from the stunning local beaches.
The properties are spread across a generous 14,400 m² plot, encompassing a vineyard producing award-winning regional wines—a rare investment opportunity. Located within close proximity to amenities, golf courses, and easy motorway access to Faro airport, this estate caters to both leisure and business aspects.
Additionally, your guests will appreciate the nearby coastal towns of Praia da Luz and Burgau, ideal for holiday rentals. The cottages come complete with outdoor space, terracing, and carports, enhancing their appeal. Plus, the potential rental revenues are promising, making this a lucrative venture.
If you are seeking a unique property with investment viability in Algarve, don’t miss this chance. Contact us for further details and to schedule a viewing!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
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