Three-bedroom cottages near Praia da Luz with tourism licenses are currently for sale, featuring an excellent investment opportunity in Algarve. Priced at €1,600,000, these cottages are fully licensed for rental, making them perfect for generating income in the holiday rental market. Located just 1.5km from the beach, these properties attract both local and international tourists looking for a wonderful getaway.
The cottages are uniquely set within a larger estate of over 14,000m² that includes a vineyard producing award-winning wines, providing an added charm and unique selling point. Each cottage boasts three bedrooms, a cozy living room, and a fully fitted kitchen, ensuring a comfortable stay for guests.
Additionally, the communal swimming pool enhances the holiday experience, making it a desirable choice for families and groups. Within proximity to local amenities and recreational facilities, including golf courses and shops, these cottages offer convenience alongside the tranquillity of countryside living.
Investors will benefit from prime rental locations with consistent demand thanks to the allure of the Algarve coastline. Don’t miss this chance to own a lucrative property with both lifestyle and investment potential – reach out to us for further details or to arrange a viewing.
• 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
