Investing in a guesthouse with a vineyard in the Algarve is an opportunity not to be missed! This property features three beautifully designed cottages, all with tourism rental licenses, ready to serve as a lucrative guest operation. Nestled near Espiche and just 1.5km from stunning beaches, this estate appeals to holidaymakers seeking a perfect retreat. The well-established vineyard produces award-winning wine, offering an interesting twist for guests and a unique selling point for your investment. With a communal swimming pool and generous outdoor space spanning over 14,000m², this property caters to relaxation and enjoyment in the sun. Each cottage is fitted with three comfortable bedrooms, ensuring that visitors have a comfortable stay. The area is rich in amenities, including local shops and golf courses, enhancing the lifestyle for both guests and owners alike. Priced at €1,600,000, this property stands out as a strategic investment opportunity in a desirable location. Embrace the chance to invest in this thriving market—contact us to learn more and schedule a viewing!
• 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
