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Why should I invest in a property near the Algarve International Racetrack?

Apartment in Mexilhoeira Grande

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

Investing in a property near the Algarve International Racetrack presents an exciting opportunity for real estate buyers. These 1 and 3-bedroom apartments, available from €195,000, are nestled in Mexilhoeira Grande—a prime location attracting motorsport enthusiasts and tourists alike. The allure of the racetrack, which hosts events throughout the year, coupled with the increasing popularity of the Algarve as a holiday destination, means high rental potential. The apartments are part of a fully-operational rental programme, allowing owners to rent out their units while still enjoying personal usage. Furthermore, the beautiful surroundings of the Monchique mountains and proximity to stunning beaches provide a breathtaking lifestyle for future residents. With modern amenities, including air conditioning and communal facilities such as pools, gyms, and restaurants, these properties appeal to a wide range of tenants. The strategic location allows easy access to both leisure activities and local amenities, further enhancing investment value. Place your money in a location that combines natural beauty, leisure, and demand—this is an investment you won't want to miss. Contact us now to explore this unique investment opportunity!

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 in the International Algarve Racetrack 14.5km from Portimão & coast
● 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
• 500m from the racetrack
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