Explore these holiday cottages for sale with tourism licenses in the stunning West Algarve region, specifically designed for buyers seeking a vacation rental investment. Located near the charming village of Espiche, this unique property comprises three cottages, each ready to accommodate guests. With an asking price of €1,600,000, this investment is perfect for those looking to capitalize on the Algarve's thriving tourism.
All three cottages boast essential amenities for a rental business, including three bedrooms, a bathroom, and communal facilities including a swimming pool. Investors will benefit from the established tourism rental licenses that come with each of the cottages, ensuring a hassle-free path to generating income.
With the coastline just 1.5km away, guests can enjoy beautiful beaches and vibrant seaside activities while staying in their own cottage retreat. The surrounding area is rich with local shops, dining, and leisure options, making it a prime location for holidaymakers.
Additionally, the vineyard on the property sustains a local wine production venture, presenting unique opportunities for guests and adding an extra charm. Properties of this quality, especially with substantial land like the 14,400m² plot available here, are hard to come by in such a desirable area.
Investing in this property is not just about owning a holiday home; it’s about creating lasting memories for your guests. Don’t wait to take advantage of this incredible opportunity in West Algarve!
• 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
