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

Guesthouse in Praia da Luz

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

If you're looking to buy cottages with rental licenses in the Algarve, these three charming properties in West Algarve near Espiche could be your ideal investment. Each cottage comes fully equipped with tourism rental licenses, allowing you to start generating rental income from day one. The properties are in a prime location, just 1.5km from stunning beaches and close to essential amenities, making them perfect for holidaymakers.
The cottages, each featuring three bedrooms, a bathroom, kitchen, and living area, are designed for comfort and functionality. Outside, you'll find ample terracing and a shared swimming pool for relaxing during the holiday season. Positioned on a sprawling land of over 14,000m², these cottages also include a commercial vineyard that produces award-winning wine, adding unique charm to this investment.
With a substantial living area of 219m², there's plenty of space for guests to enjoy. The area is well-connected, with major roads leading to Faro airport, and close proximity to golfing facilities. Notably, the excellent rental revenues from these properties make them a sound investment opportunity. Don’t miss the chance to own a slice of paradise in the Algarve; contact us now to learn more and 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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