Investing in touristic apartments next to the Algarve International Racetrack presents an incredible opportunity for savvy buyers looking to enter the thriving Algarve property market. These modern units start at just €195,000 for a furnished 1-bedroom option, making them a smart investment for both personal enjoyment and rental income. Located conveniently near the popular towns of Portimão, Lagos, and Alvor, these apartments are perfectly situated for tourists seeking excitement and relaxation. The growing popularity of the racetrack ensures a steady flow of visitors year-round, enhancing the potential for lucrative rental returns. Many apartments include access to fantastic communal amenities, such as swimming pools, a gym, and a spa, providing a resort-like atmosphere. The apartments themselves feature private terraces, spacious living areas, and well-equipped kitchens, designed to meet the needs of holidaymakers. The scenic backdrop of the Monchique mountains and the proximity to beautiful beaches create a compelling reason for tourists to rent in the area. This property development offers flexible usage options, enabling owners to enjoy their vacation home while benefiting from the rental income when unavailable. Given the area's growing tourism sector, this investment is poised to deliver significant returns. Don't wait to grab this investment opportunity—contact us today for more information!
● 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
