Purchasing a 3-bedroom apartment near the Algarve International Racetrack is an exciting opportunity for prospective buyers looking to invest in a vibrant community. This particular property, situated in Mexilhoeira Grande, is fully furnished and ready for immediate occupancy, making the buying process straightforward and hassle-free. Priced competitively at €265,000, this apartment offers a generous 90.69m² living area complemented by a 15.67m² private terrace where you can enjoy serene views of the surrounding countryside and pool. To begin the purchasing process, connect with a local real estate expert who understands the market and can assist in negotiating terms. It’s crucial to consider the potential for passive income, as the property already has a successful rental programme in place, perfect for generating income when you're not occupying it. With access to luxury amenities such as a gym, spa, and communal swimming pools, it appeals to tenants looking for quality living. The location’s convenience—just 16.4km from Meia Praia Beach and a stone's throw from Portimão, Lagos, and Alvor—adds to its allure for renters. This apartment not only serves as a fantastic home but also as a significant investment opportunity. Ensure all documentation is in order and prepare for a smooth transaction. If you're ready to explore this property further, reach out to us today to arrange a viewing and start your purchasing journey!
● Property Price 265,000 euros
● Living Area 90,69m2
● Private Terrace 15,67m2
● 3 Bedroom Apartment (2nd floor)
● 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
• 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
• 500m from International Racetrack
