The cost of these three cottages, each complete with tourism rental licenses, is €1,600,000. Located near Espiche in the West Algarve, this investment offers not only residential space but a thriving business opportunity. Each cottage has three bedrooms, is fully furnished, and includes all necessary amenities for holiday rentals.
The communal swimming pool serves as a central attraction for guests, while over 14,000m² of land used for a commercial vineyard adds a unique selling point. These properties are just 1.5km from the beautiful Algarve coastline, providing easy access to stunning beaches and local amenities. Perfect for buyers looking to invest in a lucrative tourist market, these cottages are equipped for high rental revenues.
With a living area of 219m² for all cottages, there is ample space for family and friends. Also nearby are leisure activities including golf, ensuring guests have plenty to do. The cottages are conveniently situated close to shops, restaurants, and local attractions in the nearby town of Lagos.
Additionally, a dedicated carport and storage space cater to the needs of guests, enhancing the rental experience. Prospective buyers will appreciate the regulatory tourism licenses that simplify the rental process. Don't miss this exceptional chance to own a profitable property in one of the Algarve's most sought-after areas.
Contact us today for more details and to book 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
