Discover a unique investment opportunity with this property featuring three cottages and a thriving vineyard near Espiche, West Algarve. This estate not only offers a beautiful setting for living but also comes with tourism rental licenses, making it perfect for buyers looking to invest in a lucrative holiday rental business. The existing vineyard enhances the potential for profit, as it is currently cultivating grapes for award-winning regional wines. The total land area of 14,400 m² provides ample space for the vineyard and additional activities.
With a generous living area of 219 m², the cottages are fully equipped, boasting three bedrooms each, modern amenities, and communal access to a sparkling swimming pool. Located just 1.5 km from stunning beaches and close to local shops, restaurants, and golf courses, this property ensures visitors enjoy the best of Algarve's coastline. The accessibility of Faro airport and proximity to major towns like Lagos enhance its appeal. This estate offers attractive rental revenue potential, making it a sound investment.
Moreover, the outdoor space is ideal for leisure activities, including BBQ areas and picturesque views of the countryside. Mains water, internet access, and parking facilities add practical touches to this investment. Embrace the opportunity to manage a profitable tourist business in one of Portugal's most sought-after regions. Contact us today to explore this incredible investment opportunity!
• 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
