Investing in a rental property with a vineyard in the Algarve is an excellent choice for numerous reasons. The three cottages available near Espiche, priced at €1,600,000, come with valid tourism licenses, making them perfect for generating rental income. Each cottage, featuring three spacious bedrooms, a living area, and easy access to a communal pool, is designed for both comfort and functionality. The property's 14,400m² of land cultivated with grapevines not only adds aesthetic value but also offers the unique potential to produce award-winning regional red wine, engaging guests with a genuine local experience. Being located just 1.5km from the beaches of Praia da Luz and Burgau enhances the rental appeal during the tourist season. Proximity to amenities, golf courses, and transport links supports convenience and accessibility for both owners and guests. The growing tourism sector in Algarve presents a thriving marketplace for rentals, ensuring good returns on investment. Investing here allows you to enjoy the stunning landscape and lifestyle while reaping financial benefits. For serious investors, opportunities like this should not be missed. Explore this delightful prospect further by contacting us 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