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What Algarve apartments for sale offer rental investment potential near the coast?

Apartment in Mexilhoeira Grande

ref. LE2388
220.000€
  • B-
  • 2
  • 2
  • 91m2

This fully furnished two-bedroom Algarve apartment is for sale at €220,000 and offers strong rental investment potential near the coast. It sits beside the Algarve International Racetrack in Mexilhoeira Grande, approximately 16.4 kilometres from Meia Praia and 14.5 kilometres from Portimão. Owners can use the apartment themselves and generate rental income when it is not occupied, subject to their chosen rental arrangements. The property provides 90.7 square metres of living space and a private 15.7-square-metre terrace. Two double bedrooms and two bathrooms make the layout practical for holiday guests, couples or small families. The master bedroom includes an en-suite bathroom and balcony. An additional family bathroom serves the second bedroom and living areas. The open-plan lounge and dining room connect directly to the terrace through patio doors. Pool and landscaped garden views enhance the resort-style setting. A fully fitted and equipped modern kitchen is ready for everyday use or guest stays. Air conditioning and double glazing support comfort throughout the year. Owners also have access to communal swimming pools at the neighbouring five-star hotel facilities. The nearby gymnasium, spa, restaurant and bar add convenience for residents and visitors. Spa treatments and restaurant use are available with a 10% discount. The racetrack is only 500 metres away and hosts events throughout the year, creating a distinctive visitor draw. Nature trails and the Monchique Mountains provide an attractive alternative to beach days. Portimão, Lagos and Alvor are all within convenient driving distance for shopping, dining and leisure. Golf courses at Penina or Palmares are approximately 14.5 kilometres away, while Faro Airport is 85 kilometres from the apartment. Contact us now to discuss the rental potential and arrange a viewing of this Algarve investment apartment.

Usage
Residential
Type
Apartment
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
2015
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
91 m²
Usable area
108 m²
Balcony/Patio area
16 m²
Tarmac, Easy Access
Parking outdoors, Private Parking, Underground Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Heat Pump, AC in Living Area
Internet/Phone, Lift, Intercom
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds, Security Grills
Communal
Communal gardens, Landscaped
Resort facilities, Sauna, Gym, Restaurant, Spa, Reception
Countryside View, Pool View
● 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

Amenities

• Double glazing
• Air conditioning
• Communal Swimming pools
• Restaurant
• Gymnasium
• Spa

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 International Racetrack

Other Info

T3 apartments are available from 295,000€
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