Asking price
€ 220.000
Rent P.A.
€ 11.800
87 m2
5.4 %

Avenida del Regne 87, Valencia, Spain

Property Description

Apartment of 87 m² located on the corner of Avinguda de Peris I Valero and Avenguda der Regne in Valencia. Both avenues make the apartment well accessible from the famous districts of Russafa and La Gran Via. The apartment complex is located next to the Turia park and just 500 meters from the Ciutat les Artes. 
The building is constructed in 1956 and is equipped with an elevator and managed by a lodge keeper.
The apartment has three bedrooms, a living room, a kitchen and a bathroom. The apartment is equipped with air conditioning and all the room are heated separately.

Investment information:
Asking price: € 220.000,- 
The apartment is currently not rented, the forecast of the yearly rent = € 11.800,- 

Costs (approximately):
Town hall tax (IBI) = € 1.540,- per year
Home Owners Association fee = € 480,- per year

  • Total = € 2.020,- per year 

Forecast return: € 9.780 per year
Forecast net yield: 4,4%

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