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Which apartments for sale in Algarve offer rental income potential?

Apartment in Mexilhoeira Grande

ref. LE2384
195.000€
  • B-
  • 1
  • 1
  • 52m2
  • Modern Construction
  • Alojamento Local

For those considering homes in Algarve that offer significant rental income potential, the touristic apartments next to the Algarve International Racetrack are a prime choice. With prices beginning at just €195,000 for a 1-bedroom unit, these properties come fully furnished and ready for immediate use, ensuring a hassle-free investment experience. With the racetrack’s popularity consistently drawing visitors, these apartments are poised to deliver excellent rental yields.

Spanning living areas from 52.19m² to 108m², these apartments are designed for optimal functionality and leisure. Buyers can enjoy features such as individual terraces, air conditioning, and access to communal amenities including pools, gyms, and a restaurant. This not only enhances personal enjoyment but makes the properties more attractive to future renters looking for a pleasant stay.

Apartments are situated just 16.4km from Meia Praia beach, allowing easy access to sun-soaked sands for both residents and tourists. Additionally, their closeness to vibrant towns like Portimão and Lagos means a wealth of local amenities, dining options, and entertainment. The option to join a rental programme allows owners to maximize their investment by earning income when not utilising the property.

The blend of motorsports excitement and coastal leisure creates a unique appeal for renters, guaranteeing high occupancy rates throughout the year. This unique advantage solidifies the rental income potential for savvy investors. The combination of affordability, location, and amenities makes these apartments a fantastic investment prospect. Experience the opportunity to take part in Algarve’s thriving rental market—contact us now to explore these apartments today!

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   +