PROPERTY FEATURES
Asking price
€ 264.194
Rental P.A.
€ 16.800
Size
140 m2
Yield
6.4 %
FOR SALE

Calle Francesc Baldomar 16Valencia, Spain

Property Description
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).

INVESTMENT INFORMATION:
Asking price = € 264.194,- + VAT 
The apartment is currently not rented. A forecast rental income based on mid-term lease = € 16.800,- per year

Costs:
  • 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

UNIQE DETAILS:
  • Optional garage (€20.000)
  • Storage included in the price
  • Perfect location nearby the beach
  • Good investment opportunity 

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