Investors will find this 3-bedroom apartment near the Autódromo Internacional do Algarve compelling at a price of €265,000. The property is designed for those seeking a profitable investment in a highly sought-after area, renowned for its motorsport events and stunning Algarve scenery. With a ready-made rental programme, this apartment not only offers immediate returns but also has the potential to increase in value over time. Spanning 90.69 m2, the open-plan living and dining area flows seamlessly onto a spacious terrace overlooking the communal gardens and swimming pool. This residence includes a fully outfitted modern kitchen and three double bedrooms, with the master featuring an en-suite. The nearby amenities such as gyms, spas, and restaurants enhance the appeal for prospective tenants seeking a luxurious lifestyle. Given the rising popularity of the racetrack, securing this property represents a wise investment decision. Take action now and contact us to explore this exciting opportunity!
● 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