PROPERTY FEATURES
Asking price
€ 350.000
Rent P.A.
€ 30.415
Size
110 m2
Yield
8.7 %
SOLD

Calle Zapadores 26, Valencia, Spain

Property Description
Two ground floor apartments of 55 m² each, located in the district of Montolivet in Valencia. The apartments are currently under construction and are expected to be delivered mid April.

Each apartement floor is divided in: a hal, living room, kitchen, two bathrooms with toilet and two bedrooms. The master bedroom has one private bathroom attached. The two apartments are equipped with double glass in aluminum frames. One of the apartments has a patio garden in the back.

RENTAL POTENTIAL
The apartments will be delivered with a license for touristic rental. Hereby the nett rental income per year is expected to be € 30.415,-

EXPECTED YIELD
Gross: 12,41%
Nett: 6,12%

MONTOVILET
This neighborhood is part of the Quatre Carreres, right next to the famous district of Russafa. Montolivet and Russafa are divided by Avinguda Peris i Valero. What makes the apartments ideal for long and short stay. The apartments are only one kilometers away from the Turia Park and 500 meters away from the Russafa food market. The old city center is just on 15 minutes walking distance. 

ACCESSIBILITY
- Bus stations are 3 minutes walking distance away
- Metro stop Bailen is 20 minutes’ walk
- Train Station El Nord is 20 minutes’ walk
- The apartments are located in front of a shared city biking station (Valenbisi)
- Carparking is free in the surrounding streets

HOME OWNERS ASSOCIATION
The apartments are part of a home association. The contribution for this association yearly is € 300,- in total. 
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