For serious investors looking for cottages with tourism licenses in the Algarve, this property in West Algarve is an outstanding opportunity. Priced at €1,600,000, the estate comprises three charming cottages complete with rental licenses, ensuring an excellent return on investment. Located just 1.5 km from beautiful beaches and renowned golf courses, this property holds significant appeal for holidaymakers and families alike. With a total land area of over 14,000m², the property includes a communal swimming pool and a functioning vineyard that produces award-winning wine, presenting an additional income stream. Each cottage comes fully equipped with three bedrooms, a kitchen, and a living area, providing comfortable accommodation for guests. This prime location near Espiche gives easy access to local amenities and leisure activities, making it an attractive choice for tourists. The potential for rental revenues is robust, especially during the high season, making this a smart investment decision. Don’t miss this unique business opportunity—contact us today to schedule a viewing and learn more about this exceptional 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
