Considering a rental investment opportunity in the Algarve region is a smart choice, especially with properties like this charming 3-bedroom apartment in Portimão. Priced at €265,000, this fully furnished unit is perfectly positioned next to the Algarve International Racetrack, a location that attracts tourists year-round. This property features spacious living areas, access to shared pools and wellness facilities, and is just 18 km from stunning beaches. The robust rental market here, supported by the area's ongoing events and activities, ensures strong rental yields and a high likelihood of capital appreciation. With the ability to use the property for personal enjoyment while benefitting from lucrative rental income, this apartment provides exceptional value. Explore this opportunity now and contact us for further information!
● 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.
• 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
