Buying a touristic apartment near the Algarve International Racetrack offers numerous benefits, particularly for those seeking a lucrative investment. With prices starting from €195,000 for 1-bedroom and up to €265,000 for 3-bedroom apartments, these properties are not only affordable but also come fully furnished and ready for use. Located just 16.4km from beautiful Meia Praia beach, and close to thriving towns like Portimão and Lagos, this area is perfect for those wanting to enjoy both vibrant coastal life and the excitement of motorsport events.
These turnkey apartments boast spacious living areas ranging from 52.19m² to 108m², ensuring comfort and versatility for personal use or rental. Each apartment includes modern amenities such as air conditioning and double glazing, while the development offers communal facilities including swimming pools, gyms, a restaurant, and a spa. This is an ideal scenario for buyers looking to benefit from the ongoing popularity of the racetrack, which hosts events throughout the year, enhancing rental income potential.
The choice to participate in a fully operational rental programme allows owners to earn income when the unit is not in use. This means you can secure your own holiday refuge while also generating revenue—perfect for savvy investors. Envision enjoying a beautiful terrace, where you can unwind and explore the striking views of the Monchique mountains and surrounding nature trails. Investing here is not just about property; it's an opportunity to own a piece of the Algarve lifestyle.
With its growing demand and strategic location, the potential for significant returns on investment makes these apartments an exceptional buy. To sum it up, purchasing a touristic apartment here means securing an income-generating asset in one of Europe’s prime destinations. Contact us now to schedule a viewing and explore this incredible investment opportunity!
● 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
