For buyers seeking Algarve investment properties for sale with tourism licences, this licensed three-cottage estate near Espiche is a strong option at €1,600,000. All three cottages have tourism rental licences, and the operating business is described as generating good rental revenues. The property combines nine bedrooms, three bathrooms, a swimming pool and 14,400m² of vineyard land. Its West Algarve location places guests close to beaches, golf and the amenities of Lagos. Each cottage contains three bedrooms, a bathroom, a fitted or partially equipped kitchen and a lounge or dining area. The separate units can support flexible holiday accommodation arrangements for families, groups or multiple bookings. A communal swimming pool adds a valuable leisure facility for visitors. Garden terraces, natural and landscaped outdoor areas and a barbecue setting contribute to the holiday experience. The vineyard produces grapes for regional award-winning red wine, giving the estate a distinctive point of difference. Buyers interested in tourism businesses may also explore wine-related experiences, subject to the necessary permissions and operating arrangements. The total living area is 219m², with 291m² of usable area recorded. Carports, outdoor parking and storage facilities are available across the estate. Mains water, a borehole, mains electricity and mains drainage are listed among the property’s infrastructure. Guest comforts include fireplaces, manual shutters, satellite television and internet. The nearest beach is approximately 1.5km away, making coastal access a practical advantage for holidaymakers. Lagos lies around 5km from the property and offers a marina, restaurants, shops and year-round services. Golf is approximately 2.5km away, broadening the potential visitor market beyond beach tourism. Faro Airport is about 68km distant, with motorway access helping international guests reach the estate. Potential ROI should be assessed using verified accounts, occupancy data, expenses and licensing conditions before purchase. Contact us today to investigate this Algarve rental investment and arrange a viewing.
• 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
