Asking price
€ 350.000
Rent P.A.
€ 13.800
95 m2
3.9 %

Calle Alta 38, Valencia, Spain

Property Description

Apartment of 95 m² located in in the center of El Carmen, just one block away from the Mossen Sorell foodmarket. The El Carmen district is the most historical area of the city with a great number of restaurants and shops.

The apartment is in good condition and built with high end materials. The apartment has the interior of a loft with one modern bathrooms, 1 double bedroom a living room and dining area in one big open space with a lot of open views to the street.  

Investment information:
Asking price: € 350.000,- 
The apartment is currently not rented, the forecast of the yearly rent = € 13.800,- 
Forecasted net yield: 3,94%

Costs (approximately):
Town hall tax (IBI) = € 275,- per year (0.723% per year)
Home Owners Association fee = € 480,- per year
Total = € 755,- per year 

Forecast return: € 13.045,- per year
Forecast net yield: 3,73%

Calle Alta 38
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