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Why invest in a property near the Algarve International Racetrack?

Apartment in Mexilhoeira Grande

ref. LE2384
1.455.509DKK
  • B-
  • 1
  • 1
  • 52m2
  • Modern Construction
  • Alojamento Local

Investing in a property near the Algarve International Racetrack is an unparalleled opportunity, especially with prices starting from €195,000 for 1-bedroom apartments. The strategic location not only places you close to major sporting events, but also near beautiful beaches and vibrant towns such as Portimão, Lagos, and Alvor. These 1 and 3-bedroom apartments, with living areas reaching up to 108 m², provide a unique combination of lifestyle and investment potential. The region's popularity for both tourism and motorsport makes these properties perfect as rental investments, allowing owners to generate passive income while enjoying their holiday home at their leisure. Modern features such as air conditioning, double glazing, and private terraces enhance the living experience, while communal amenities like swimming pools, gyms, and restaurants add great value. With the ongoing popularity of the racetrack and surrounding natural beauty, investing here promises high ROI and continuous demand. Don't miss this chance to be part of the thriving Algarve property market! Contact us now to discuss your investment options.

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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