The properties in West Algarve boasting good rental revenues and vineyard land are represented by three cottages located near Espiche. Priced at €1,600,000, these properties not only feature tourism licenses but also come with an expansive vineyard that cultivates grapes for award-winning wine production.
Each cottage contains three comfortable bedrooms, perfect for accommodating families and holidaymakers. The properties benefit from a communal swimming pool, providing guests with an inviting place to relax and enjoy their holiday experience.
With an expansive plot of 14,400m², the opportunities for investment are significant, making these properties a sensible choice for the savvy buyer. Located only 1.5 km from stunning Atlantic beaches, you can effortlessly enjoy the beautiful coastal lifestyle that Algarve has to offer.
Modern amenities, including mains water, satellite TV, and internet connectivity, are available to enhance the living experience. The nearby villages of Espiche and Almadena are rich in local culture and eateries, while the vibrant town of Lagos is a mere 5 km away.
Don’t miss your chance to explore this investment gem! Contact us today to arrange your viewing and discover the full potential of this exquisite 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
