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Which properties near the Algarve Racetrack are perfect for investment?

Apartment in Mexilhoeira Grande

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

Investing in properties near the Algarve Racetrack is a smart choice, especially with options starting from €195,000 for 1-bedroom apartments. These touristic apartments are part of a fully-operated rental programme, ideal for potential owners looking to generate income when not in residence. With configuration choices of 1 to 3 bedrooms and generous living areas, they offer extensive appeal for families and investors alike. The strategic location allows easy access to the racetrack, which hosts events year-round, boosting rental potentials significantly. Located only 14.5 km from Portimão and 16.4 km from Meia Praia, residents can enjoy both the excitement of racing and the relaxation of beach life. Additional amenities include communal swimming pools, gyms, and restaurants, providing a resort-like atmosphere. The property features modern construction and high-end finishes, ensuring a premium living experience. Explore this unique investment opportunity today and contact us for more information!

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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