The 3-bedroom cottages with commercial potential near Praia da Luz are currently listed at €1,600,000, offering incredible value for a property that generates rental income. Each cottage is fully equipped with a tourism rental license and is set within a scenic vineyard landscape, allowing for sustainable wine production alongside guest accommodations. Located just 1.5 km from stunning coastal beaches, these cottages present an attractive opportunity for buyers seeking to enjoy a vibrant lifestyle while benefiting from a robust rental market.
With three bedrooms, bathrooms, and spacious communal living areas, your family, friends, or guests will enjoy their stay in a comfortable and inviting environment. Each property complements leisure time with shared amenities like a communal swimming pool, making it perfect for holiday letting. The 14,000m² plot not only offers agricultural use but also excellent prospects for private landscaping or further development.
These cottages reflect both quality living space and functional commercial use, making them a strategic investment in the Algarve real estate market. Adding value, the proximity to local amenities, restaurants, and recreational activities enriches your guests' experience, ensuring high rental returns.
This purchase not only represents a home but also a thriving business opportunity. Engaging with the growing tourism sector in Algarve makes this an enviable property to consider. Explore this property today to seize your chance at a profitable investment!
• 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
