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What is the investment potential of apartments for sale next to Portimão’s racetrack?

Apartment in Mexilhoeira Grande

ref. LE2384
222.720$
  • B-
  • 1
  • 1
  • 52m2
  • Modern Construction
  • Alojamento Local

The investment potential of apartments for sale next to Portimão’s racetrack is significant, particularly given the growing interest in the area. These 1 and 3 bedroom touristic apartments, starting from €195,000, are part of a fully operational rental programme, allowing buyers to generate income when not in use. The popularity of the racetrack for events throughout the year enhances the appeal of these properties for rental income and investment returns.

With private terraces and options for furnished units, these apartments are designed for modern living, offering both comfort and style. The ideal location puts you just 16.4km from Meia Praia beach and a short drive from vibrant nearby towns like Alvor and Lagos, making it a prime choice for holidaymakers.

As part of the growing tourism sector in the Algarve, owning a property here can yield a high return on investment, especially as the region continues to develop. Local amenities, including communal swimming pools and recreational facilities, add to the value of these apartments, making them desirable for both buyers and renters.

Invest in a property that not only offers a place to call home but also serves as a profitable asset. Explore this exciting investment opportunity today and contact us to find out more!

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
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