If you're looking to invest in a rental property near stunning beaches and nature trails in Algarve, this 3-bedroom apartment is an excellent choice. Priced at €265,000, it boasts a prime location next to the Autódromo Internacional do Algarve Racetrack in Portimão. With a fully operational rental programme and proximity to the beautiful coast, this apartment presents a fantastic investment opportunity for buyers serious about getting started in the rental market.
Spanning over 90.69m², the apartment is move-in ready and comes fully furnished. Its private terrace offers relaxing views overlooking the landscaped gardens and communal pool. The open-plan living and dining area is perfect for entertaining, while the modern kitchen is fully equipped to meet your culinary needs.
This remarkable property features three double bedrooms, including a master with an en-suite bathroom, making it suitable for families or holidaymakers. As an added bonus, residents have access to shared amenities of a nearby 5-star hotel, which includes luxury facilities like swimming pools, a gym, and a spa with exclusive discounts.
With the enchanting Monchique Mountains and picturesque beaches less than 30 minutes away, you'll enjoy both leisure and adventure at your doorstep. Investors will appreciate the potential rental income generated by this highly sought-after location, especially given the year-round events held at the racetrack.
Take advantage of the nearby attractions, such as golf courses and charming towns like Lagos and Alvor. This property is not just a home; it’s a lifestyle investment waiting to be explored. Contact us now to schedule a viewing!
● 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.
• 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