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How can I invest in a furnished 3-bedroom apartment in West Algarve?

Apartment in Mexilhoeira Grande

ref. LE2388
2.929.223SEK
  • B-
  • 3
  • 2
  • 91m2

Investing in this fully furnished 3-bedroom apartment in West Algarve is straightforward and a smart decision given its strategic location near the Autódromo Internacional do Algarve. With a purchase price of €265,000, this apartment is a sound investment opportunity featuring a spacious 90.7m2 living area along with a 15.67m2 private terrace, ideal for relaxation. The property boasts modern amenities such as air conditioning and double glazing, ensuring comfort year-round. Its proximity to numerous attractions like the beaches in Portimão, just 18km away, and nature trails add to the appeal. This vibrant area is a hotspot for racing and events throughout the year, driving demand for rental properties. Furthermore, as owners can choose their usage period, this property allows for earning additional income when not in use. Explore the diverse lifestyle and excellent amenities available, including access to communal pools, a gym, and spa at the adjacent 5-star hotel. Thus, this apartment is not only a residence but also a lucrative investment. Don’t hesitate to reach out for more details on how to buy!

Usage
Residential
Type
Apartment
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
2015
Rooms
4
Bedrooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
91 m²
Usable area
108 m²
Balcony/Patio area
16 m²
Tarmac, Easy Access
Parking outdoors, Private Parking, Underground Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Heat Pump, AC in Living Area
Internet/Phone, Lift, Intercom
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds, Security Grills
Communal
Communal gardens, Landscaped
Resort facilities, Sauna, Gym, Restaurant, Spa, Reception
Countryside View, Pool View
● Property Price 265,000 euros
● Living Area 90,69m2
● Private Terrace 15,67m2
● 3 Bedroom Apartment (2nd floor)
● Located in the International Algarve Racetrack near Portimão
● Distance to the Beach 18km

This 3 bedroom apartment is sold fully furnished and ready to go, with amenities such as; air conditioning, double glazing, and private terraces. This apartment also has access to shared facilities of the neighbouring 5 star hotel, such as swimming pools, gyms, and spa, with 10 % Discount on all spa treatments and the restaurant. This is a great opportunity to purchase an affordable investment. Owners can choose their own usage and then earn income when the unit is not in use. This unit currently is Not within the rental pool. Thanks to the increasing popularity of the AIA, the Autodrome hosts events all-year round.

The property consists of:
• Open plan living and dining area with patio doors.
• Fully fitted and equipped modern kitchen
• 3 double Bedrooms (master with en-suite bathroom and balcony)
• Family Bathroom.
• Patio doors to terrace, overlooking the pool and gardens

Facilities offered close by:
• Gymnasium
• Spa
• Restaurant and Bar.

Amenities

• Double glazing
• Air conditioning
• Communal Swimming pools
• Restaurant
• Gymnasium
• Spa

Location

• 16.4km from the Beach (Meia Praia)
• 14.5km to Portimão
• 14,5km to nearest golf course (Penina or Palmares)
• 12km to nearest school
• 85km to Faro airport
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