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Why should I invest in apartments close to the Algarve International Racetrack?

Apartment in Mexilhoeira Grande

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

Investing in apartments close to the Algarve International Racetrack presents a unique opportunity, with prices starting from just €195,000 for 1 bedroom options. The apartments are fully furnished and situated in a prime location that benefits from the racetrack’s year-round events, creating strong rental income potential. This area is not only attractive to motorsport enthusiasts, but also to holidaymakers seeking a vibrant lifestyle in the Algarve.
With living spaces ranging from 52.19 m² to 108 m², these 1 and 3 bedroom apartments are designed for comfort and accessibility to local amenities. Buyers can appreciate the nearby beach at Meia Praia, just 16.4 km away, and the lively town of Portimão, which is only 14.5 km from the properties.
Owners also benefit from various communal facilities including swimming pools, a gym, restaurant, and spa, enhancing the living experience. This property not only serves as an attractive residence but also as a lucrative investment that taps into the growing tourism market in the Algarve.
The potential for excellent ROI makes purchasing one of these apartments an intelligent choice for both investors and personal buyers. With breathtaking views of the Monchique mountains and access to nature trails, the opportunities for leisure are plentiful. Don’t let this chance pass you by—contact us today to explore these investment properties!

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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