The investment potential of guesthouses with vineyards in West Algarve is exceptionally promising, especially for the three cottages available for sale near Espiche. This property not only comes with fully operational tourism rental licenses but also includes land developed for a successful vineyard, renowned for producing award-winning regional wines. With a plot size of over 14,000m², it's perfect for buyers looking to invest in a lifestyle and income-generating business model.
Given that the West Algarve enjoys a steady influx of tourists year-round, the rental income from these cottages can provide consistent revenue streams. The cottages are nicely appointed with three bedrooms, communal living spaces, and a shared swimming pool, making them attractive for holiday rentals. Each guesthouse has a unique rustic charm, ensuring a delightful experience for visitors.
Being located just 1.5 km away from the beautiful Praia da Luz and within proximity to local amenities, this property is perfectly positioned to cater to holidaymakers seeking both comfort and an authentic Algarve experience. Further benefits include ample parking, access to golf courses, and easy travel routes including proximity to Faro airport.
As part of an operating business, these guesthouses not only promise immediate income but also future expansion opportunities in the burgeoning vineyard market. This is a unique investment that combines hospitality and agricultural potential, appealing to both residential buyers and investors. Don't miss out on this exceptional chance—contact us today for more information!
• 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
