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How much do investment properties next to Algarve beaches typically cost?

Apartment in Mexilhoeira Grande

ref. LE2384
1.412.833DKK
  • B
  • 1
  • 1
  • 62m2
  • Modern Construction
  • Alojamento Local

Investment properties next to Algarve beaches typically start around €195,000 for well-located apartments, such as the ones available near the Algarve International Racetrack. With the potential for high rental yields from tourists attending events at the racetrack and enjoying local beaches, this area represents a smart investment choice. The apartments boast modern features, community amenities like pools and gyms, and are just 16.4km from Meia Praia beach, making them perfect for buyers interested in leveraging vacation rentals throughout the year.

Usage
Residential
Type
Apartment
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
2015
Rooms
3
Bedrooms
1
Bathrooms
1
Floors
3
Furnished
Fully
Living Area
62 m²
Tarmac
Parking outdoors, Private Parking
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 Family Bathroom, En-Suite
AC, Forced Air Heating & Cooling System
Cable/Satellite TV, Intercom
Mains electric, Mains water, Mains drainage
Double glazing
Communal
Communal gardens
Resort facilities, Spa, Gymnasium, Race Track, Restaurant
Countryside View, Panoramic View
Modern Construction
● Prices start from €189,000
● Living Areas from 52,19m² – 62m²
● 1 Bedroom, 1 Bathroom
● Private Terraces from 15,69m²
● Located in the International Algarve Racetrack 14.5km from Portimão & coast
● Distance to the Beach 16.4km

These 1 bedroom apartments start from an affordable €189,000 with many fully furnished and ready to go, with amenities such as; air conditioning, double glazing, and private terraces. Some also include access to communal facilities such as swimming pools, gyms, restaurant and spa. This is a fantastic and affordable investment opportunity. Also, if you are a lover of motorsports this is the perfect location. Don’t miss your chance!

2 x T1 apartments available at 189,000€ and 195,000€ (Both are available for rental investment).

The Apartments consist of:
• Entrance hall
• Living & dining area with patio doors
• Fitted and equipped open-plan kitchen
• 1 Bedrooms (with en-suite bathroom)
• Patio doors to terrace/balcony, some units overlook the pool and gardens
• Individual unit layouts vary

Amenities

• Double glazing
• Air conditioning
• Communal Swimming pools
• Restaurant
• Gymnasium
• Spa
• May include underground parking and storage rooms

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
• 500m from the racetrack
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