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Which properties near the beach offer investment potential in tourism rental?

Guesthouse in Praia da Luz

ref. LW1100
17.627.979SEK
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

This property near the beach that presents exceptional investment potential in tourism rental includes three cottages with complete tourism licenses. Located just 1.5 km from the stunning coastlines of Espiche and Almadena, these cottages are perfectly positioned for attracting holidaymakers. Each cottage encompasses three bedrooms, a bathroom, a kitchen, and a living area, making them suitable for family stays or group vacations. The property also offers a communal swimming pool for added luxury during sunny Algarve days. With over 14,000 m² of surrounding land, buyers have access to space used for cultivating grapes, producing celebrated regional wines. The area's abundance of amenities, from dining to golf courses, provides everything needed for guests, enhancing the attractiveness of the rental property. Aside from the physical attributes, this location's charm contributes to high occupancy rates throughout the year. Ready to jump into the thriving tourism market? Contact us to learn more!

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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