Purchasing a property next to the Algarve International Racetrack is undeniably a smart investment decision, with this 3-bedroom apartment exemplifying the potential. Priced at €265,000, this fully furnished gem not only offers a comfortable home but also the advantage of a successful rental programme. The racetrack hosts events year-round, attracting visitors and making rentals highly sought after. As such, owning this property not only provides a serene environment surrounded by nature trails but also lucrative rental opportunities during busy race weekends. With the beaches of Portimão and Lagos just a short drive away, your investment stands to benefit from a vibrant tourist market. The apartment includes prime amenities: air conditioning for comfort, a private terrace for relaxation, and access to shared facilities from the adjacent luxurious hotel, which enhances its attractiveness to renters. Furthermore, your property is fully equipped with everything from modern kitchens to inviting living areas that help promote a welcoming atmosphere. This investment opportunity should not be missed—contact us now to schedule your visit and secure your future!
● Property Price 265,000 euros
● Living Area 90,69m2
● Private Terrace 15,67m2
● 3 Bedroom Apartment (2nd floor)
● 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
• 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
• 500m from International Racetrack
