The Algarve Racetrack Apartments offer a peaceful retreat surrounded by nature, perfect for those seeking relaxation and a break from the city. However, two vibrant cities – Portimão and Lagos – and beautiful beaches are just a short 20-25 minute drive away. The complex also comprises a neighbouring five-star hotel.

The resort itself offers a pool, gym, spa and restaurant. There’s also a seasonal mini-market and pool bar. The surrounding area has limited amenities, but the neighbouring towns and cities like Alvor and Portimão offer a wide variety of options.

As it is surrounded by countryside the Algarve Racetrack Apartments offer a range of nature-based activities, like hiking and cycling, right on the doorstep. Nearby Portimão and Alvor run boat trips and water-based activities. There are two golf courses (Penina and Nau Morgado Alamos) within 10kms of the apartments. The Alcalar Megalithic monuments are approximately 6kms away.

While a car is recommended for exploring the Algarve and reaching neighbouring towns, taxis, ride calling platforms and car rentals are options. An Uber to Portimão city or Alvor village should cost in the region of €16-€20. Portimão council operates a mini shuttle bus (Vai e Vem) network that runs around the city and serves the Autódromo (Racetrack)/Mexilhoeira Grande area, and the nearby parishes of Pereira and Montes de Cima (Routes 21N and 21P). It’s approximately a 2.5-3km walk from the apartments to the nearest Vai e Vem stop.

The Algarve property market is known for its long-term stability and high demand. While rental income is possible with a tourist licence, these apartments are best suited for those who value personal enjoyment alongside long-term capital appreciation.

Besides mortgage payments (if applicable) and the annual council property tax, there will be a small condominium fee that covers maintenance and potentially utilities.

Yes, the apartments include tourist licenses for short-term rentals. They must be managed through our property management services for booking and maintenance, ensuring a completely hands-off investment.

The apartment rentals are managed by the Algarve Race Resort’s management company.

The apartments are monetised via a Rental Pool system, which shares out profit according to the size of each apartment and the amount of nights each property is available for usage in the rental pool, regardless of how many nights they were occupied.

While the apartment can be removed from the rental pool, the apartments operate under a touristic licence and there are no provisions in Portuguese law that allow habitation in touristic-licensed facilities.  These are not residential units. However, as long as the proper notice is given, as per the contract, for their apartments to be removed from the rental pool, they will not be available for use as a rental property. Essentially, an owner can elect to not participate in the rental pool and can be a 'tourist' in their own property and use the property as much as they desire, for their own purposes.

Owners are guaranteed 21 days of usage per year, subject to availability. They are NOT limited to 21 days of usage per year and as long as there is availability in the booking calendar, they will be able to use their apartments as much as they wish. Owners can book time in their apartments throughout the remainder of the year, but blocking cannot be granted for certain dates.

Absolutely! We offer private Algarve property tours so you can experience the apartments and surrounding area firsthand.

As former bank repossessions, we’re able to sell these managed holiday apartments at below-market prices, presenting a compelling opportunity for investors of all levels, especially people with lower budgets wanting a holiday apartment.

The apartments are built with soundproofed walls and double-glazed windows, minimising distant noise from the racetrack.

We have a dedicated team to guide you through every step, ensuring a smooth and stress-free experience. The buying system in Portugal is known for being safe and straightforward.

Potentially, yes. The apartments are sold turn-key, with basic fixtures and furnishings. We offer alternative furniture packages.