If owning a property in Portugal’s desirable Algarve region seems like an unreachable dream, this could be ,your chance to make it a reality.
Our Algarve Race Apartments provide a prime opportunity for those who thought getting a foot in this desirable destination – ten-time winner of the World Travel Awards’ ‘Europe’s Leading Beach Destination’ title – was a stretch too far.
Surrounded by the Algarve’s natural beauty with incredible beaches, chic marinas and vibrant towns on the doorstep, these apartments aren’t just an investment; they’re a ticket to the ultimate sunshine lifestyle.
Sandwiched between towering mountains and the dazzling coast, next to the €129 million Algarve International Circuit racetrack, the location offers a unique blend of countryside tranquillity and exhilarating motorsports events.
Positioned between Portimão and Lagos, both a quick 20-minute drive away, will experience the charm of a traditional port city and the laid-back vibe of a historic town.
The former’s fish-canning heritage oozes through its vibrant modern-day incarnation as a tourist magnet and melting pot of trendy small businesses, large retail centres, and active local and expat communities. The latter, Lagos, is popular among backpackers, surfers, young families and investors, and the gateway to the wild west-coast.
Faro Airport is just 45 minutes down the motorway, and in 2024 starts offering direct flights to the US and the Azores.
Starting from €175,000, the spacious one to three-bed apartments come with modern comforts like air conditioning and wifi as well as their own terraces, storage units and parking space. Onsite perks include pools, gyms, spa, sauna, and more.
Acquired as bank repossessions, these apartment prices are currently being sold at below the comparable local market average. Equivalent units in the area can go for €300,000+.
Contact us now for the best deal; we can also assist with additional services like financing advice and rental management.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Smart Herald journalist was involved in the writing and production of this article.