Apartment of 140 m² located in the neighbourhood el Grau in Valencia, close to La Marina de Valencia.
The apartment is part of a residential project of 22 homes on the second floor, expecting to deliver in the 1st quarter of 2022. Mediterranean architecture merges naturally with a contemporary and functional interior space. The magnificent apartment consists of 3 bedrooms, 2 bathrooms, a balcony and an optional garage.
The apartment is located close to the beach of las Arenas (10-minute walk) and next to la marina de Valencia. The apartment has all the services within the neighbourhood and public transport nearby (tram, metro and bus).
Asking price = € 264.194,- + VAT
The apartment is currently not rented. A forecast rental income based on mid-term lease = € 16.800,- per year
- Community fee = € 600,- per year
- Estimated property tax = € 300,- per year
- Total costs = € 900,- per year
Forecast yearly return = € 15.900,- per year
Forecast net yield = 6% per year
- Optional garage (€20.000)
- Storage included in the price
- Perfect location nearby the beach
- Good investment opportunity