The Algarve has long been one of the most desired locations, with superb weather, gorgeous landscapes, and delicious food, offering a lifestyle that matches many dreams. Now that dream can become reality with this amazing opportunity from Ideal Homes Portugal to buy affordably priced apartments at the Algarve Racetrack.

Affordable Luxury in a Prime Location
The Algarve Racetrack Apartments offer an extraordinary chance to live the Algarve dream at prices significantly below the market average. These apartments are designed to provide modern comforts and luxury, featuring air conditioning, double glazing, a community pool, and a private terrace with breathtaking views. Available in one, two, and three-bedroom configurations, these residences cater to various needs and preferences.

Five-Star Amenities at Your Doorstep
Owners and guests of the Algarve Racetrack Apartments enjoy exclusive access to the amenities of a neighboring five-star hotel. This includes a luxurious pool, a fully-equipped gym, a soothing spa, a relaxing sauna, a kids' room, and a fine dining restaurant. This blend of comfort and convenience ensures that you can indulge in a resort-style living experience every day.



Exceptional Value and Investment Potential
These apartments are priced starting at just €155,000, thanks to a strategic acquisition of 118 units directly from a bank by Ideal Homes. By bypassing typical markups, these apartments are offered at substantially reduced prices, making luxury living more accessible than ever and presenting a compelling opportunity for investors of all levels, especially people with lower budgets wanting a holiday apartment.

Investing in the Algarve Racetrack Apartments - the benefits:
Rental Income: With a tourist license, you can earn a consistent income through short-term rentals.
Capital Appreciation: The Algarve property market is on an upward trajectory, promising excellent potential for capital growth.
Hassle-Free Management: Our experienced property management team handles everything from bookings to maintenance, ensuring a seamless ownership experience.
Secure and Safe Ownership: Enjoy the security of freehold ownership in Portugal, with no inheritance tax.
Turnkey Solutions: Fully furnished options for a hassle-free investment.
Mortgages: Up to 80% financing for non-residents at competitive rates of 3-4% interest, with swift in-house approval within 3 days.



Start the conversation
The Ideal Homes Portugal team is available for one to one Zoom calls, hour-long sessions where you can learn all the details of this opportunity, learn about the specifics of the apartments, their location and potential. There is expert guidance available too on legal and tax matters as well as mortgage advisors, all without any obligation.
Schedule your free Zoom consultation
 
Viewing Trips
See for yourself just how good an opportunity this is. Join a Home Discovery Trip  where you are accompanied by a member of the Ideal Homes Portugal team over several days as you discover the Algarve and various locations, where you can visit available properties, and experience for yourself the fabulous lifestyle.
Ask about a Home Discovery Viewing Trip
Find out more about the Viewing Trips
 


About the Algarve Racetrack Apartments
Located in Portimão municipality, the apartments offer resort style living in a countryside setting, by the famous Algarve Racetrack - Autodromo do Algarve. Nestling among the gentle hills, the apartments are just a 20 minute drive from the coast with its stunning beaches. There are small cove beaches and magical caves to explore near Lagos, or the long expanses of the beaches at Alvor and Praia da Rocha to enjoy. Portimão and Lagos are both major towns in the Algarve, offering a vast array of restaurants and bars, large supermarkets, and plenty of sports facilities for golfers, sailors, tennis and padel players, as well as hikers and cyclists.

Questions?
This is a superb opportunity to become an Algarve property owner at below market prices. To ensure the investment suits you, ask some questions, such as:

• Is the location too isolated?
• How does the rental system work?
• Can I live in my apartment?
• What amenities are near by?
• What are the ongoing costs of ownership?

See the answers to these and other questions here

About Ideal Homes Portugal
Ideal Homes Portugal is an award-winning, independently-owned real estate agency dedicated to helping buyers and investors find the best properties across the Algarve and throughout Portugal. Based in the Algarve, the firm operates from two conveniently-located offices in Vila Sol (Quarteira) and Lagos, offering a comprehensive suite of client-centric services, from buying and selling to rental management and mortgages.
Find out more about Ideal Homes Portugal