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Why should I invest in cottages with tourism licenses in the Algarve region?

Guesthouse in Praia da Luz

ref. LW1100
17.502.630SEK
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Investing in cottages with tourism licenses in the Algarve region is an excellent opportunity, showcased by this stunning property near Espiche. With three charming cottages already equipped with tourism rental licenses, this estate is primed for generating solid income from the thriving holiday rental market. Buyers looking for a lucrative investment will appreciate the existing framework for success.

Located just 1.5km from beautiful sandy beaches, these cottages appeal to holidaymakers seeking comfort and convenient access to both nature and local attractions. Each cottage features three bedrooms, a living area, a kitchen, and access to a communal swimming pool, providing an ideal escape for tourists.

The expansive plot of over 14,000m² includes productive vine land that has garnered acclaim for producing award-winning wines, adding a unique selling point for prospective guests. With proximity to golf courses and shopping just minutes away, the location is not only desirable but advantageous.

Investors can leverage the popularity of Algarve as a travel destination, with rental potential that is constantly on the rise. Don't miss out on this opportunity to enter a flourishing market. Contact us today to find out more about investing in these cottages with tourism licenses and secure your piece of Algarve paradise.

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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