Espiche is an excellent location for buying cottages with commercial potential, particularly with this unique listing of three cottages near the heart of Algarve. The area boasts tourism rental licenses, making it a prime investment opportunity for buyers. Situated just 1.5km from beautiful beaches and near local amenities, this property offers easy access for vacationers. Each cottage is designed for comfortable living, featuring modern kitchens, spacious living areas, and private outdoor spaces. The expansive 14,400 square metres of land is currently used for cultivating grapevines, which are utilised to create award-winning wines, further enhancing the commercial appeal. Its proximity to popular golf courses and the main road to Faro airport ensures a steady influx of tourists. Furthermore, the property presents good rental revenues potential, ensuring financial returns for investors. With its blend of countryside charm and modern living, this property provides both lifestyle benefits and significant investment prospects. Don’t wait to secure this prime piece of Algarve real estate. Contact us now to learn more or to arrange a visit!
• 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
