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Why should I invest in an apartment next to the Autódromo Internacional do Algarve?

Apartment in Mexilhoeira Grande

ref. LE2388
265.000€
  • B-
  • 3
  • 2
  • 91m2

Investing in an apartment next to the Autódromo Internacional do Algarve represents a unique opportunity for both lifestyle and financial growth. This 3-bedroom apartment is strategically located near the racetrack, which hosts a multitude of events throughout the year, attracting visitors and motorsport enthusiasts. Priced at €265,000, the flat is fully furnished, making it ready for immediate use or rental. With a successful rental programme already in place, this property promises a strong return on investment through holiday rentals, especially during race weekends. The apartment benefits from modern comforts, including air conditioning and double glazing, ensuring a high standard of living for tenants. Additionally, with shared access to luxurious hotel amenities such as pools and a gym, the attractiveness for renters is further enhanced. The surrounding area boasts beautiful landscapes, including the Monchique Mountains, and is conveniently located 18km from stunning beaches. This balance of nature, entertainment, and convenience offers property buyers versatility and future growth potential. Moreover, being part of a vibrant community with rich activities makes it a desirable place to invest. For those seeking an investment that not only pays off financially but also enriches lifestyle, this apartment is a must-see. Contact us today to schedule a viewing and make this investment yours!

Usage
Residential
Type
Apartment
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
2015
Rooms
4
Bedrooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
91 m²
Usable area
108 m²
Balcony/Patio area
16 m²
Tarmac, Easy Access
Parking outdoors, Private Parking, Underground Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Heat Pump, AC in Living Area
Internet/Phone, Lift, Intercom
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds, Security Grills
Communal
Communal gardens, Landscaped
Resort facilities, Sauna, Gym, Restaurant, Spa, Reception
Countryside View, Pool View
● 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.

Amenities

• Double glazing
• Air conditioning
• Communal Swimming pools
• Restaurant
• Gymnasium
• Spa

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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