If you are looking to buy a spacious 3-bedroom apartment near Portim\u00e3o with excellent rental potential, this property is ideal for you. Priced at €265,000, the apartment is fully furnished and offers a modern living area of 90.69 m², which includes a private terrace. Located next to the renowned Algarve International Racetrack, this property is not only close to vibrant towns like Lagos and Alvor but also surrounded by stunning beaches and nature trails, making it a perfect spot for renters. With a successful rental programme already in place, buyers can enjoy an additional income stream when the apartment is not in use. The home features air conditioning, double glazing, and access to shared facilities at a nearby 5-star hotel, including pools, gyms, and a spa, which provides a luxurious lifestyle for residents and guests alike. This investment opportunity allows owners considerable flexibility in how they use and let the property. Given the annual events hosted at the racetrack, demand for accommodation in this area is consistently high. Additionally, the apartment's location benefits from the beautiful Monchique Mountains nearby and quick access to local beaches. Contact us now to schedule a viewing and explore this investment before it’s gone!
● 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
