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Why are these touristic apartments a great investment opportunity in the Algarve?

Apartment in Mexilhoeira Grande

ref. LE2384
168.302£
  • B-
  • 1
  • 1
  • 52m2
  • Modern Construction
  • Alojamento Local

These touristic apartments represent a fantastic investment opportunity in the Algarve due to their strategic location and potential for lucrative rentals. Priced from €195,000 for 1 bedroom and €265,000 for 3 bedroom units, these properties offer affordability without compromising on quality features like air conditioning and private terraces. Located next to the bustling Algarve International Racetrack, they are a magnet for tourists all year round, ensuring a steady demand for short-term rentals.
Moreover, owners have the unique advantage of a fully operational rental programme, allowing them to use these properties whenever desired, whilst still generating income during peak racing events. The proximity to essential amenities and stunning beaches, just 16.4km away at Meia Praia, enhances the investment appeal, offering both comfort and convenience.
The surrounding region is rich with outdoor activities, dynamic nightlife, and cultural attractions, drawing visitors from all over. With a solid foundation for rental income, the allure of this property is undeniable. Don’t miss your chance to invest in this promising location in the Algarve. Contact us now to explore these options and secure your investment!

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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