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How much rental income can I earn from apartments next to the Algarve racetrack?

Apartment in Mexilhoeira Grande

ref. LE2384
1.598.165CNY
  • B-
  • 1
  • 1
  • 52m2
  • Modern Construction
  • Alojamento Local

Investing in apartments next to the Algarve racetrack can yield significant rental income, owing to the location's popularity for motorsports events. With properties starting from €195,000, owners can take advantage of high demand for short-term rentals during events held throughout the year. These fully furnished apartments offer modern conveniences and can be part of a rental programme that gives you earnings when you are not using the unit. The potential for lucrative returns is enhanced by the area's proximity to major attractions, including exquisite beaches and recreational activities. The investment appeal is further supported by the development's amenities, such as swimming pools, gymnasiums, and dining options. Buyers can capitalize on the increasing interest in the racetrack while enjoying personal use of their property. Don't miss the chance to invest in a highly sought-after location. Contact us to discover your potential rental income today!

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
52 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 €195,000 (T1) to €265,000 (T3)
● Living Areas from 52,19m² – 108m²
● 1 or 3 Bedroom Apartments (Ground to 2nd floor)
● Private Terraces from 15,69m²
● Located next to the International Algarve Racetrack
● Distance to the Beach 16.4km

These 1 to 3 bedroom apartments start from an affordable €195,000 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!

The Apartments consist of:

• Entrance hall
• Living & dining area with patio doors
• Fitted and equipped open-plan kitchen
• 1 or 3 Bedrooms (T3 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
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