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Why should I consider buying a property close to the Algarve International Racetrack?

Apartment in Mexilhoeira Grande

ref. LE2384
195.000€
  • B-
  • 1
  • 1
  • 52m2
  • Modern Construction
  • Alojamento Local

Buying a property close to the Algarve International Racetrack presents a multitude of advantages, especially for those interested in both leisure and investment opportunities. These 1 and 3 bedroom apartments start at €195,000 and are not just a residence; they are a strategic investment in a rapidly growing locale.

The racetrack, famous for its year-round events, draws both motor enthusiasts and holidaymakers, ensuring a consistent demand for rental properties. This makes your purchase less of a living expense and more of a profitable venture as you can benefit from rental income while enjoying all the comforts of your apartment when you're in town.

Conveniently located 16.4km from stunning beaches and near popular towns like Portimão, Lagos, and Alvor, these apartments also provide easy access to local amenities and a vibrant lifestyle. Each unit is fully furnished with modern amenities, including air conditioning and private terraces, ensuring maximum comfort for residents and guests alike.

Communal facilities such as swimming pools, gyms, and a restaurant add to the attraction, making these units desirable for holiday rentals. The unique blend of excitement from the racetrack and the allure of the Algarve lifestyle is a compelling reason to consider purchasing a property in this area. Don’t miss the chance to own a piece of this fantastic investment opportunity – contact us today!

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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