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What is the cost of a 3-bedroom apartment near the Algarve International Racetrack?

Apartment in Mexilhoeira Grande

ref. LE2388
2.213.729CNY
  • B-
  • 3
  • 2
  • 91m2

This fantastic 3-bedroom apartment is available for sale at a competitive price of 265,000 euros, making it an attractive investment opportunity. Located next to the Algarve International Racetrack, it offers modern living with a living area of 90.69m2 and a cozy private terrace of 15.67m2. Ideal for buyers looking to invest in a property with a proven rental programme, this fully furnished apartment features air conditioning, double glazing, and access to five-star hotel amenities, including swimming pools, gyms, and a spa. Situated just 18km from Meia Praia beach and close to towns like Portimão, Lagos, and Alvor, it provides easy access to stunning coastlines and recreational activities. The interior boasts an open plan living and dining area, a fully fitted kitchen, and three spacious double bedrooms, including a master suite with an en-suite bathroom and balcony. Enjoy communal gardens with landscaped features and a serene atmosphere nestled against the backdrop of the Monchique Mountains. Perfect as a primary residence or a holiday retreat, this apartment is not currently in a rental pool, giving owners the flexibility to earn income when not in use. The proximity to the racetrack ensures a steady influx of visitors year-round, enhancing rental potential. Don't miss your chance to buy this property—contact us now to schedule a viewing!

Usage
Residential
Type
Apartment
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
2015
Rooms
4
Bedrooms
3
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
● 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.

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
Enquire Now   +