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Why should I consider buying a property close to the Algarve racing events?

Apartment in Mexilhoeira Grande

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

Thinking about buying a property close to Algarve racing events? Investing in these apartments near the Algarve International Racetrack is a brilliant idea for both personal use and rental income generation. Starting at just €195,000, these stylish one and three-bedroom units are designed for modern living while offering quick access to year-round racing events that attract enthusiasts from all over.
Situated within proximity to Portimão, you’ll have easy access to beaches, restaurants, and outdoor activities. The apartments include private terraces, allowing you to enjoy the beautiful Algarve climate, while communal amenities such as swimming pools and fitness facilities enhance your living experience.
Furthermore, the potential for rental income is substantial, thanks to the ongoing popularity of the racetrack and surrounding area. Owners can also take advantage of the fully-managed rental programme, ensuring peace of mind while earning an income.
With the Monchique mountains nearby and stunning beaches just a short drive away, this location offers a balance of adventure and relaxation. These properties fit perfectly for anyone passionate about motorsports, as well as for those seeking a serene vacation escape.
Take this opportunity to invest in a thriving community today! Contact us now to learn more!

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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