Investing in a guesthouse with commercial potential in the Algarve region can be your next big opportunity! This property showcases three fully equipped cottages, each with tourism rental licenses, making it an outstanding choice for buyers looking to enter the lucrative vacation rental market. The communal swimming pool and a vast vineyard producing regional award-winning wines attract holidaymakers, enhancing the business potential. Located just 1.5 km from stunning beaches, it also provides easy access to local amenities and golf courses, making it a prime spot for tourists. Each cottage offers three bedrooms and modern living spaces, providing guests with comfort and convenience. With the Algarve’s growing popularity among visitors, your investment is likely to yield substantial returns. Owning this guesthouse not only promises a profitable income but allows you to enjoy the beautiful lifestyle this region has to offer. Don’t wait—contact us now to get more details on how to make this investment a reality!
• 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