If you're looking for properties near the Monchique Mountains with excellent rental potential, this 3-bedroom apartment next to the Algarve International Racetrack is a prime option. Priced at €265,000, it not only comes fully furnished but also boasts a successful rental programme in place, making it an ideal investment. With its location just 12 km from the nearest school and close to beaches, this property combines rural charm with convenient access to urban amenities.
The apartment features a spacious living area of 90.69m2 and a private terrace overlooking communal gardens, creating an enticing atmosphere for holidaymakers or long-term tenants. The modern kitchen and open-plan design allow for a comfortable living environment, with three double bedrooms, including a master suite with an en-suite bathroom.
Being next to the Algarve International Racetrack, this apartment benefits from an ongoing influx of visitors to motorsport events throughout the year. Additionally, residents have access to fantastic shared facilities such as pools, a gym, and spa, further enhancing rental appeal.
Buyers looking to capitalize on the area's burgeoning rental market will find a great opportunity here. The local attractions, including beautiful beaches and hiking trails in the Monchique Mountains, make it a desirable location for renters. Don’t miss out on securing this property — contact us now to arrange a viewing!
● 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
