Discover an exceptional opportunity to own three commercial cottages with a vineyard and communal pool, located near Espiche in West Algarve. These properties are for sale at €1,600,000 and come complete with tourism rental licenses, allowing you to benefit from the lucrative holiday rental market. Perfect for buyers looking to invest in a flourishing business venture, this estate boasts over 14,000m² of land used for growing grapes to produce highly sought-after regional wine.
Situated just 1.5km from stunning beaches like Praia da Luz, this location not only offers beautiful coastal views but also provides easy access to local amenities, golf courses, and the motorway towards Faro airport. Each cottage features three well-appointed bedrooms and a comforting communal swimming pool, making it ideal for families and larger groups seeking unique holiday experiences. This establishment has strong rental revenue potential, attracting tourists year-round and ensuring a solid return on investment. Additionally, the property comes furnished, allowing you to gain revenue immediately without further investment. With incredible views, this vineyard offers lifestyle benefits along with its commercial viability. Seize this unique investment opportunity—reach out today to explore this remarkable property!
• 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
