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What are the best investment opportunities in West Algarve near the coast?

Apartment in Mexilhoeira Grande

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

West Algarve is booming, and this 2-bedroom apartment near the Algarve International Racetrack represents a fantastic investment opportunity. Located in Mexilhoeira Grande, this prime property, sold fully furnished, is not only a delightful living space but also a versatile investment asset. Its close proximity to stunning coastal areas enhances its attractiveness for tourists and long-term renters alike. With a successful rental programme in place and the ability for owners to earn income during unused periods, the potential for return on investment is significant. The property features two modern bedrooms, two bathrooms, and access to hotel amenities like swimming pools, a gym, and a restaurant, elevating it beyond standard accommodation. The surrounding area is rich with nature trails and activities, ensuring year-round appeal. This property stands out amongst investment opportunities due to its unique location and facilities. Don’t let this opportunity slip away; reach out to us for more information and to arrange a viewing!

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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