This five-bedroom apartment built in 1969 with Air conditioning and a lift is located in the neighborhood Morvedre, Valencia. This great investment object of 130m2 has an asking price of € 175.000,-. The forecasted potential yield is € 18.000,- a year, which makes this a potential yield of 10,28%.
Asking price: € 175.000,-
Forecasted potential rent: € 18.000,-
Forecasted potential yield: 10,28%
- Five bedrooms
- 130 m2
- Total ownership
Morvedre is part of ”La Saïda” district and lies on the north of the riverbed of Valencia. Although the area itself is mainly residential, it is only five minutes away from the old town where a variety of restaurants, bars, shops and pubs can be found. The riverbed, a.k.a. the Turia, is one of the largest urban parks in Spain with an astonishing nine kilometers of green space. The park offers a range of foot paths, leisure and sports areas, and scenic spots available all-year round.
The property is within walking distance from the riverbed, the old town and the city center. Furthermore, the property is surrounded by many bus stops and Valenbisi stations (public bike rental).