Your Property Specialists
Go Kart
Full Screen

What is the investment potential for apartments next to Portimão's racetrack?

Apartment in Mexilhoeira Grande

ref. LE2384
228.637$
  • B-
  • 1
  • 1
  • 52m2
  • Modern Construction
  • Alojamento Local

The investment potential for 1 or 3 bedroom apartments next to Portimão's racetrack is exceptionally promising, starting from €195,000. These fully furnished properties gain significant interest due to their strategic location and the racetrack’s year-round events, making them viable for both personal use and rental income. Investors can take advantage of a fully operational rental programme, allowing owners to earn while not occupying their space.
Each apartment boasts generous living areas, ranging from 52.19 m² to 108 m², and includes features like air conditioning and private terraces with captivating views. The proximity to the Algarve International Racetrack enhances the appeal, especially for motorsport fans.
With beaches just 16.4 km away and the vibrant town of Portimão 14.5 km down the road, there is a wealth of amenities and lifestyle options available. The communal facilities such as a swimming pool, gym, restaurant, and spa add significant value to the investment. This project represents an affordable entry point into the Algarve property market, ideal for buyers seeking both a holiday getaway and a rental investment.
The potential for higher rental returns is compounded by the region's increasing popularity, making timely investment decisions essential. Don't miss the chance to tap into this lucrative property market—explore these apartments today before they are gone!

Usage
Residential
Type
Apartment
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
2015
Rooms
3
Bedrooms
1
Bathrooms
1
Floors
3
Furnished
Fully
Living Area
52 m²
Tarmac
Parking outdoors, Private Parking
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 Family Bathroom, En-Suite
AC, Forced Air Heating & Cooling System
Cable/Satellite TV, Intercom
Mains electric, Mains water, Mains drainage
Double glazing
Communal
Communal gardens
Resort facilities, Spa, Gymnasium, Race Track, Restaurant
Countryside View, Panoramic View
Modern Construction
● 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
Enquire Now   +