Investing in apartments near the Algarve International Racetrack is an excellent choice for generating rental income due to the year-round activities and events that attract visitors. These turnkey apartments start from €195,000, providing affordable options for investors looking to enter the thriving Portuguese property market. Being only a short distance from the beach (16.4km) and surrounded by beautiful landscapes makes this location even more appealing.
The rental potential is maximized through a fully-operational rental programme that allows owners to earn income when they are not occupying the property. With the Monchique mountains on one side and the stunning coastline on the other, these properties are perfectly situated for holidaymakers looking for a luxurious retreat. Additionally, the apartments feature desirable amenities such as swimming pools, a gym, and communal gardens, enhancing their attractiveness to potential renters.
Moreover, the inclusion of private terraces and modern furnishings ensures a high-quality living experience. The area is not just about motorsports; it boasts a variety of activities suitable for all ages, country clubs, golf courses, and cultural attractions nearby. This combination of features sets these apartments apart as a valuable investment opportunity. Don’t hesitate—secure your investment in this growing market today by reaching out for more information and to schedule a visit!
● 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