Investing in the Algarve begins with this 3-bedroom apartment priced at €265,000, perfectly situated by the Algarve International Racetrack. With its successful rental programme already established, this property is ready to generate income. The location offers not only easy access to the racetrack, hosting year-round events, but also proximity to the stunning beaches of Portimão at only 18 km away. The apartment features a spacious 90.69 m² interior, complete with a private terrace for outdoor dining or relaxation. Enjoy modern conveniences like a fully fitted kitchen and well-placed air conditioning, making this property ideal for holidaymakers. Nearby, you'll find a plethora of activities including water sports, golf courses, and a vibrant local culture, enhancing its rental appeal. Take advantage of the shared facilities, including a gym and spa at the adjoining hotel, to attract more guests during peak season. As the demand for properties in this area continues to rise, this apartment offers significant investment potential. Whether for personal enjoyment or rental income, this property is an excellent choice. Don’t miss out—contact us now to discuss your investment options!
● 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
