When considering the best investment options for properties near Praia da Luz, this estate featuring three fully licensed tourist cottages stands out remarkably. Priced at €1,600,000, it offers engaging features like a communal swimming pool and a productive vineyard that adds to the property's distinct allure. Located just 1.5 km from some of Algarve’s finest beaches, these cottages are poised to attract holidaymakers, enhancing their rental potential significantly. Each property includes three bedrooms to comfortably accommodate families or groups. The presence of local golf courses and amenities further boosts the appeal, ensuring a steady stream of potential guests. With the area’s growing popularity among tourists, this estate represents a phenomenal investment opportunity for those wishing to exploit the booming holiday rental market. Additionally, the vineyard, which produces award-winning wines, can serve as an excellent marketing point to attract an even wider audience interested in authentic local experiences. Explore how investing in these cottages can provide both a beautiful holiday retreat and a lucrative investment. Act fast; properties this enticing won’t last long. Get in touch today to find out more!
• 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
