Buyers looking for licensed rental properties near Lagos with land and holiday income should consider this €1,600,000 estate near Espiche. It comprises three tourism-licensed cottages, a swimming pool and approximately 14,400m² of vineyard land. The operating business is positioned as a commercial holiday rental opportunity close to beaches, golf and Lagos. Each cottage provides three bedrooms, a bathroom, a fitted kitchen and a lounge or dining area. The accommodation therefore offers nine bedrooms in total, giving the business capacity for larger groups or multiple bookings. Terraces and external areas create useful spaces for guests to dine and enjoy the Algarve climate. Carports and storage areas add convenience for visitors and day-to-day management. A communal pool is an important attraction for holidaymakers seeking a relaxing break. The vineyard surrounds the cottages and is used to cultivate grapes for regional award-winning red wine. This combination of tourism and agriculture gives the property a character that is uncommon in the Lagos investment market. Existing rental revenues provide a commercial track record for buyers to investigate during due diligence. The tourism licences for all three cottages may help a purchaser continue the established accommodation model, subject to legal verification. The nearest beach is approximately 1.5km away, placing the estate within easy reach of the coast. Praia da Luz and Burgau offer beaches, restaurants and local amenities nearby. Lagos, about 5km away, is a popular destination with a marina, historic centre, shops and varied dining. Golf facilities can be found roughly 2.5km from the property, supporting year-round visitor appeal. The estate is accessible from the main road and includes on-site parking. Mains services, a borehole, internet and satellite television contribute to practical operation. Contact us to explore this licensed Algarve rental business and arrange a private viewing near Lagos.
• 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
