Investing in cottages with tourism licenses in West Algarve is an attractive option due to the high demand for holiday rentals in this stunning region. This estate includes three charming cottages, each equipped with a tourism license, ensuring that you can start generating rental income immediately. Located near Espiche, the cottages are just 1.5 km from beautiful beaches and surrounded by amenities that cater to both locals and tourists. The property encompasses 14,400m² of land, currently home to a successful vineyard producing award-winning red wine, providing an added draw for potential guests. The Algarve is renowned for its warm climate, exquisite cuisine, and rich culture, making it a prime location for holiday-goers. This business opportunity allows for flexible living arrangements, whether you wish to stay in one cottage and rent the others or manage all three for full rental potential. Buyers will appreciate the communal pool and spacious outdoor areas, great for both leisure and socialising. With increasing property values and a robust tourism sector, now is the perfect time to secure your investment in West Algarve. Explore this lucrative opportunity and schedule a viewing today!
• 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
