Your Property Specialists
Machine house
Full Screen

Which cottages near the beach have excellent rental potential in Algarve?

Guesthouse in Praia da Luz

ref. LW1100
1.600.000€
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

Discover the perfect cottages near the beach with exceptional rental potential in the Algarve! These three cottages, located only 1.5km from the coastline, are designed for investors who want to tap into the lucrative holiday rental market. With an asking price of €1,600,000, these properties come complete with tourism rental licenses, allowing you to start earning income immediately.

Each cottage features three spacious bedrooms, making them ideal for families or groups visiting the region. The communal swimming pool and outdoor terrace areas provide additional appeal, ensuring guests enjoy their stay and are likely to return.

Situated close to the village of Espiche, these cottages offer not only proximity to stunning beaches but also access to an array of amenities, including local shops, restaurants, and exciting activities nearby. The renowned tourist town of Lagos is just a short drive away, contributing to the rental potential during peak seasons.

Furthermore, the estate includes a vineyard that is used to produce award-winning wines, which enhances the unique appeal of the property. Visitors will be drawn to the rustic charm and authentic local experiences provided by the vineyard, increasing demand for rentals.

The established tourism licenses guarantee that your investment is protected and operational from day one. For serious buyers looking for rental income and investment viability, this opportunity should not be overlooked.

Act now to secure this dream property near the beach! Contact us today for more information and to arrange a viewing!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• 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
Enquire Now   +