This great investment property built in 1960 in Valencia is located in the neighborhood of L'Illa Perdula which is situated between the beach and the city center. The area is populated by a balanced mix of students and families all year round. This 101m2 appartment has an asking price of € 225.000,-. The forecasted potential rent for this property is € 1800,- a month, which makes this a potential yield of 9.6%.
Investment information:
Asking price: € 225.000,-
The apartment is currently not rented, the forecasted yearly rent: € 21.600,-
The average potential yield: 9.6%
Details:
- Lift
- Air conditioning
- Built-in closed
- five bedrooms
- 101m2
Area:
L’Illa Perduda is part of the Algiros district situated between the beach and the city center. It is a popular area amongst students as the university is within walking distance as well as it is surrounded by many pubs, restaurant, shops and clubs. L’lla Perduda is well connected by public transport such as trams, buses, metros and valenbisis which allow for easy access to and from the city center and the beach.
The property is only one block away from Blasco Ibañez, one of Valencia’s liveliest streets.