Buy three licensed holiday cottages near Praia da Luz for €1,600,000. The West Algarve estate includes a swimming pool, 14,400m² of land and three tourism rental licences. It is situated near Espiche and Almadena, approximately 1.5km from the nearest beaches. Each cottage provides three bedrooms, a bathroom, kitchen and living area. Together, the cottages offer nine bedrooms and three bathrooms across 219m² of living space. The property is established as an operating business with good rental revenues. A communal swimming pool gives guests an attractive place to relax during the holiday season. Terraces and outdoor areas extend the accommodation into the surrounding countryside. Each unit also benefits from carport and storage space. The vineyard produces grapes used to make regional award-winning red wine. This creates an additional commercial and lifestyle attraction for buyers seeking a distinctive Algarve business. Mains water, a borehole, mains drainage and mains electricity support practical day-to-day operation. Open fireplaces add character to the cottages, while shutters, satellite television and internet provide useful guest amenities. The estate is close to local shops and everyday amenities in the surrounding villages. Lagos is approximately 5km away, offering restaurants, services, marina facilities and a wider range of shops. The nearest golf course is about 2.5km from the property. Praia da Luz and Burgau provide coastal lifestyle appeal, with beaches and seaside activities nearby. A school is approximately 500m away, and Faro Airport is around 68km distant. The accessible main-road position and onsite parking can simplify guest arrivals and property management. Contact us now to arrange a viewing of this licensed holiday rental investment near Praia da Luz.
• 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
