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Which cottages with commercial potential are available near Espiche?

Guesthouse in Praia da Luz

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

Explore unique cottages with commercial potential near Espiche, perfect for buyers looking to invest in tourism-driven real estate. Ideal for holiday rentals, these three cottages come with full tourism licenses and sit on a sprawling 14,400 m² estate, featuring a thriving vineyard that produces award-winning red wine. The cottages are just 1.5 km from beautiful beaches, catering to both local living and tourist attractions.

Each cottage includes three bedrooms, spacious living areas, and modern kitchens, providing required comforts for guests and owners alike. The communal pool enhances the property’s appeal, offering a refreshing space for relaxation during the holiday season. With the rental market booming in Algarve, this property holds significant potential for year-round income.

Surrounded by picturesque landscapes and close to key amenities, including restaurants, shops, and golf courses, these cottages warrant serious consideration. The setting exudes charm and tranquillity, making it an excellent place for both investment and potential lifestyle change.

With easy access to Faro airport and local transport, the commercial viability of these cottages is exceptional. Don't miss out on this opportunity to own a piece of Algarve's thriving tourism market. Reach out to 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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