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What investment opportunities are available with a property close to Portimão and the beach?

Apartment in Mexilhoeira Grande

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

Investing in a property near Portimão and the beach has never been more enticing, particularly with this 2-bedroom apartment next to the Autódromo Internacional do Algarve. Priced at €220,000, this residence not only offers a modern living space but also excellent rental income potential given its prime location. The sophisticated rental programme can allow you to profit from your investment when you're not using the apartment, maximising your returns.

Set just a short drive from the beautiful beaches, including the famous Meia Praia, this property provides easy access to both sandy shores and dynamic town life. The apartment features spacious living and dining areas that lead to a charming private terrace, offering views of the pool and landscaped gardens. Residents benefit from the proximity to amenities such as gyms, a spa, and restaurants due to shared facilities with the neighbouring hotel.

These features make it an appealing choice for those looking to invest in a lifestyle property that accommodates both personal use and income generation. Furthermore, the annual events held at the racetrack enhance its appeal, providing an influx of visitors for potential short-term rentals. Explore this opportunity today before it's gone. Contact us for 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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