Investing in the Algarve is a lucrative opportunity and this 2-bedroom apartment near the Algarve International Racetrack is a prime example. With a fully operational rental programme already in place, this property can generate substantial income for savvy investors. Located just 14.5 km from Portimão and 16.4 km from the beach, its strategic location is a significant advantage for rental appeal. The apartment's modern amenities, including air conditioning and access to communal facilities like swimming pools and a gym, enhance its attractiveness to renters. Given the popularity of the race events throughout the year at the Autodromo, the potential for high occupancy rates is promising. With owners permitted to decide on their usage and rental days, you can maximise your investment returns. The area is also set to grow in reputation as a tourist destination, further boosting rental income potential. Interested in learning more about income opportunities? Contact us now for detailed insights!
● Living Area 90,69m2
● Private Terrace 15,67m2
● 2 Bedrooms, 2 Bathrooms
● Located in the International Algarve Racetrack 14.5km from Portimão & coast
● Distance to the Beach 16.4km
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
• 2 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
• 500m from International Racetrack