The 2-bedroom apartment next to the Algarve International Racetrack offers a successful rental programme, making it a great investment choice. Priced at €220,000, this fully furnished apartment features modern comforts, including air conditioning, an open-plan living area, and access to shared hotel amenities. Situated in Mexilhoeira Grande and only 14.5km from Portimão, it appeals to both holidaymakers and permanent residents seeking proximity to recreational activities and beautiful beaches.
With the racetrack hosting events throughout the year, the potential for rental income is substantial. Owners can choose to use the property personally or rent it out effectively, adding flexibility to ownership. The property boasts a terrace with stunning views, making it a delightful place to relax or entertain.
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● Living Area 90,69m2
● Private Terrace 15,67m2
● 2 Bedrooms, 2 Bathrooms
● Located in the International Algarve Racetrack 14.5km from Portimão & coast
● Distance to the Beach 16.4km
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
• 2 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
• 500m from International Racetrack
