You can buy charming cottages with rental licences and a vineyard near Espiche in the West Algarve. This property offers three fully licensed cottages, perfect for buyers looking to invest in a lucrative rental business. Each cottage includes accommodation for up to three bedrooms, along with a communal swimming pool and stunning vineyard views.
The cottages are situated on a generous plot of 14,400m², surrounded by grapevines that produce award-winning regional red wine. With the nearest beach just 1.5 km away, you can easily enjoy the beautiful coastline.
Moreover, the vibrant villages of Espiche and Almadena offer convenient access to local shops and restaurants. Golf enthusiasts will appreciate the nearby golf courses, while hassle-free travel is ensured with easy motorway access to Faro Airport, located 68 km away.
In terms of amenities, properties include mains water and borehole systems, satellite TV, and internet access. The serene countryside views enhance the allure of these cottages, making them an ideal holiday rental opportunity. The asking price for this unique investment is €1,600,000.
Don't miss out on this exceptional opportunity to own a piece of idyllic Algarve. Contact us today to schedule a viewing and explore the possibilities this property offers!
• 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
