The asking price for these three investment cottages near Espiche is €1,600,000, and they come with full tourism rental licenses. Perfect for buyers looking to generate income, these cottages each have a solid layout featuring three bedrooms, shared living spaces, and convenient amenities. The properties are situated on a vast 14,400m² plot, which includes a vineyard responsible for award-winning wines, adding unique value to your investment. Ideally located only 1.5km from the breathtaking beaches of Praia da Luz and Burgau, these cottages are part of a flourishing rental market. The properties include a communal pool, providing guests leisure facilities and enhancing their rental appeal. Explore the nearby vibrant village life of Espiche, and take advantage of excellent transport links. Additionally, proximity to local golf courses makes this location even more desirable for visitors. For potential buyers considering a profitable holiday rental business, this estate represents both lifestyle and investment. Discover the future of resort living in Algarve! Contact us for further details and viewing arrangements.
• 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
