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Why invest in cottages with land and commercial vineyard near Almadena?

Guesthouse in Praia da Luz

ref. LW1100
285.792.008¥
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Investing in cottages with land and a commercial vineyard near Almadena is a compelling opportunity for savvy buyers. Priced at €1,600,000, this estate offers three cottages, each with tourism licenses, contributing to excellent rental revenue potential in the beautiful Algarve region. Located just 1.5km from the stunning beaches, this property appeals to holidaymakers seeking a serene retreat.

Not only do these cottages provide comfortable living spaces with three bedrooms, but they also feature access to a communal swimming pool, enhancing the outdoor experience for guests. The included vineyard is a significant asset, as it produces award-winning wines, giving the property additional prestige and uniqueness in the market.

Covering a substantial plot of 14,400m², buyers can enjoy both privacy and extensive outdoor space for various activities and cultivation. The proximity to local amenities, golf courses, and major transport links ensures easy accessibility and convenience for both owners and guests.

Investing in this property means not only owning picturesque cottages but also securing a stake in a lifestyle rich in natural beauty and cultural experiences. This is an ideal opportunity for those looking to diversify their investment portfolio with a lucrative angle. Contact us now to learn more about this exciting investment opportunity!

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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