Properties in the Algarve with significant investment potential include 3 charming cottages for sale near Espiche, each with a tourism rental license. Offered at €1,600,000, these cottages are designed to attract holidaymakers and provide a steady stream of rental income. Each cottage contains 3 bedrooms, creating ample space for family vacations or groups seeking a leisure retreat.
The communal swimming pool and large agricultural plot with a vineyard enhance the appeal, presenting both tourists and residents with unique features for a memorable stay. Located just 1.5 km from stunning beaches such as Praia da Luz, these cottages are ideally situated for vacation rentals in a popular tourist destination.
With a total living area of 219m², these well-maintained properties have reported strong rental revenues. Their close proximity to local amenities, including shops, restaurants, and golf courses, adds to the desirability for holiday-goers.
This combination of features, along with the vineyard that produces award-winning wines, creates an outstanding investment opportunity. Buyers will appreciate the tranquility of the countryside combined with easy access to vibrant coastal life. Schedule a viewing today to explore how this investment could work for you!
• 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
