Investing in properties near the Autódromo Internacional do Algarve presents remarkable opportunities, and this 3-bedroom apartment is no exception. Listed at €265,000, this fully furnished apartment with 90.69m² of living space is located in a prime area, just a stone's throw away from the racetrack. The property is currently outside of the rental pool, giving owners the flexibility to choose their usage or tap into the lucrative rental market. With the Autódromo hosting year-round events that attract numerous visitors, the potential for return on investment (ROI) is significant. The apartment also offers a private terrace overlooking lush gardens and communal areas, creating a tranquil environment amidst the excitement of racing events. The shared hotel amenities, such as pools, a gym, and a spa, enhance the attractiveness for prospective tenants. Furthermore, being close to nature trails and only a short drive from beautiful beaches makes this location highly desirable. For investors looking to grow their portfolio, this property provides an exceptional opportunity to benefit from the growing tourism scene in the Algarve. Contact us today to learn more about this promising investment!
● Property Price 265,000 euros
● Living Area 90,69m2
● Private Terrace 15,67m2
● 3 Bedroom Apartment (2nd floor)
● Located in the International Algarve Racetrack near Portimão
● Distance to the Beach 18km
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
