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Why is investing in a property near the Autódromo Internacional do Algarve a good opportunity?

Apartment in Mexilhoeira Grande

ref. LE2388
265.000€
  • B-
  • 3
  • 2
  • 91m2

Investing in a property near the Autódromo Internacional do Algarve is a smart choice, especially with this 3-bedroom apartment priced at €265,000. This area is rapidly gaining popularity, thanks to its year-round events and attractions that draw tourists and motorsport enthusiasts alike.

The apartment offers an impressive living space of 90.69m2, complete with modern fittings, air conditioning, and double-glazed windows for a comfortable living environment. Its layout includes a fully fitted kitchen, a spacious open-plan living and dining area, and three well-appointed bedrooms, ensuring ample space for families or groups.

A significant advantage is the access to nearby hotel-style amenities such as swimming pools, a gym, and a spa, which enhance the lifestyle experience for residents and tourists. The apartment also features a private terrace, providing a lovely outdoor space to unwind and enjoy the scenic views of the pool and gardens.

Notably, investors can benefit from a successful rental programme if they choose to lease the property, maximizing return on investment opportunities. The allure of proximity to beautiful beaches, only 18 km away, coupled with nearby natural attractions like the Monchique Mountains, makes this property a versatile choice.

Potential buyers are encouraged to act swiftly to secure this desirable property that combines enjoyment, luxury, and investment potential. Contact us today to find out more!

Usage
Residential
Type
Apartment
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
2015
Rooms
4
Bedrooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
91 m²
Usable area
108 m²
Balcony/Patio area
16 m²
Tarmac, Easy Access
Parking outdoors, Private Parking, Underground Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Heat Pump, AC in Living Area
Internet/Phone, Lift, Intercom
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds, Security Grills
Communal
Communal gardens, Landscaped
Resort facilities, Sauna, Gym, Restaurant, Spa, Reception
Countryside View, Pool View
● Property Price 265,000 euros
● Living Area 90,69m2
● Private Terrace 15,67m2
● 3 Bedroom Apartment (2nd floor)
● Located in the International Algarve Racetrack near Portimão
● Distance to the Beach 18km

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.

Amenities

• Double glazing
• Air conditioning
• Communal Swimming pools
• Restaurant
• Gymnasium
• Spa

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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