This apartment represents an exceptional investment opportunity near Portimão and Lagos, priced at only €220,000. Located next to the Algarve International Racetrack in Mexilhoeira Grande, the property is perfectly positioned to take advantage of the increasing popularity of the region and its amenities.
With a successful rental programme already in place, this fully furnished 2-bedroom apartment offers a lucrative chance to generate income when not in personal use. The thriving rental market in this area, combined with the racetrack's year-round events, ensures a steady demand for accommodations.
The apartment features a generous living area of 90.7m2, complemented by a private terrace that overlooks communal gardens and a pool. It's ideally situated just 14.5km from Portimão's shopping and dining scene and 16.4km from beautiful beaches, making it appealing to both holidaymakers and long-term tenants.
Amenities include air conditioning, double glazing, and access to luxurious facilities like a gym, spa, and restaurant. The property is not only a home but also a lifestyle investment that offers great potential for capital appreciation.
Seize this opportunity today and contact us for further details or to arrange a viewing!
● Living Area 90,69m2
● Private Terrace 15,67m2
● 2 Bedrooms, 2 Bathrooms
● 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
• 2 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
