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Property Details

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PORTIMAO FORMULA 1 RACETRACK DEVELOPMENT
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Property Details - posted by Mark Waddell
  • Title: PORTIMAO FORMULA 1 RACETRACK DEVELOPMENT
  • Date listed: Fri May 8 2009 12:55
  • City or Town: PORTIMAO
  • Postcode: PORTIMAO,
  • Type: apartment
  • Bedrooms: VARIES
  • Reception rooms: VARIES
  • Bathrooms: VARIES
  • Price: €289000
  • Central heating: .
  • Alarm: no
  • Parking facilities: YES
  • Gardens: YES
  • Windows: .
  • Near Shops: no
  • Near Schools: no
  • Loft: no

contact the seller

telephoneTelephone

07813 218 327

emailEmail

Overseas - PORTUGAL

PORTIMAO,

Extra Features

Did you ever dream of owning an apartment on the Formula 1 Racetrack? Live the dream! Feel the excitement! Best of all, earn money!

Here is the most exciting real estate project of 2009 on the brand new Formula 1 motor race circuit in Portimao, Algarve, at LAUNCH PRICES AND WITH A 7% RENTAL GUARANTEED RENTAL RETURN! The circuit opened late 2008 with the worldcup superbikes and is already booked for 320 days this year with many F1 teams testing, furthermore onsite there will be a racecar manufacturer, world championship karting circuit, off road facilities, sports complex etc.

In order to be able to offer quality hotel facilities, to support all these different activities there will be a 5-star hotel belonging to the Radisson Hotels & Resorts on the site, with a leisure area including indoor and outdoor pools, a SPA, tennis courts, a horse riding circuit and access to different golf courses, thus creating a perfect complement to the circuit.

It is also planned to build 160 luxury tourist apartments of different types (with one, two and three bedrooms) managed by the Radisson Hotels & Resorts to complement the hotel, integrated within the tourist complex. There will also be leisure areas including a swimming pool, tennis courts, a solarium, a games pitch and reception. These apartments will be managed by the world renowned Radisson hotel chain. There is a net rental guarantee of 7% for the first 3 years making this a better investment than putting your money in the bank.

PRICES FROM 289,000 EUROS

Description

Did you ever dream of owning an apartment on the Formula 1 Racetrack? Live the dream! Feel the excitement! Best of all, earn money!

Here is the most exciting real estate project of 2009 on the brand new Formula 1 motor race circuit in Portimao, Algarve, at LAUNCH PRICES AND WITH A 7% RENTAL GUARANTEED RENTAL RETURN! The circuit opened late 2008 with the worldcup superbikes and is already booked for 320 days this year with many F1 teams testing, furthermore onsite there will be a racecar manufacturer, world championship karting circuit, off road facilities, sports complex etc.

In order to be able to offer quality hotel facilities, to support all these different activities there will be a 5-star hotel belonging to the Radisson Hotels & Resorts on the site, with a leisure area including indoor and outdoor pools, a SPA, tennis courts, a horse riding circuit and access to different golf courses, thus creating a perfect complement to the circuit.

It is also planned to build 160 luxury tourist apartments of different types (with one, two and three bedrooms) managed by the Radisson Hotels & Resorts to complement the hotel, integrated within the tourist complex. There will also be leisure areas including a swimming pool, tennis courts, a solarium, a games pitch and reception. These apartments will be managed by the world renowned Radisson hotel chain. There is a net rental guarantee of 7% for the first 3 years making this a better investment than putting your money in the bank.

PRICES FROM 289,000 EUROS

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