You can find beautiful cottages for sale with a rental license near Praia da Luz, specifically three delightful cottages located in Espiche, West Algarve. Each cottage comes with a valid tourism rental license and is designed to accommodate holidaymakers effectively. With a price tag of €1,600,000, this property not only boasts rental potential but also overall investment appeal.
The cottages collectively comprise a generous living area of 219m², perfect for families or groups looking for a cozy countryside getaway. Located just 1.5 km from the beach, buyers seeking proximity to the coast will find these cottages exceptionally appealing. Visitors have access to communal amenities, including a refreshing swimming pool that enhances the holiday experience.
Set on a vast plot of 14,400m², these properties also feature a vineyard renowned for producing regional award-winning red wine, adding to the charm of the residence. The surrounding area includes well-maintained roads, making access to local markets, restaurants, and leisure activities convenient.
If you are looking for a lucrative investment opportunity without compromising on lifestyle, this property is perfect for you. With established rental revenues, this is a turn-key operation for new owners. Explore this property today before it’s gone!
• 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