PROPERTY FEATURES
Asking price
€ 495.000
Rental P.A.
€ 19.200
Size
154 m2
Yield
3.9 %
FOR SALE

Carrer de Misser Mascó 26Valencia, Spain

Property Description

Penthouse of 154 m², located in the neighbourhood Exposició. The famous bioparc València, multiple restaurants, museums and other activities are within walking distance.

The apartment consists of three floors, accessing from the lower floor we find a spacious and comfortable hall, on the right hand side and facing the street, there is a large double bedroom with fitted closet, this is temporarily divided into two sub spaces, on the left hand side from the entrance we find a passage with a large wardrobe, a bedroom and the elegant bathroom, equipped with bathtub and shower. From the entrance we go up to the upper floor where we find the spacious day area, with access to the comfortable terrace, which has open views as there are no adjacent tall buildings, we find on this same floor a toilet and the modern kitchen that stands out for its luminosity thanks to the large window that has. Going up to the third floor, we find the master bedroom, with wardrobe and integrated bathroom. The whole house stands out for its brightness in all rooms, noble finishing materials such as parquet flooring and marble bathrooms. It has heating radiators and air conditioning by splits.

 

The availability by public transport is good since there are multiple metro and station stops nearby the penthouse. Besides that, the property is easy to reach by car.


INVESTMENT INFORMATION

Asking price = € 495.000,-

The apartment is currently not rented out. A forecast rental income based on mid-term lease = € 19.200,- per year


Costs:

  • Town hall tax (IBI) = € 800,- per year
  • Community owners fee = € 520,- per year
  • Total = € 1.320,- per year 
Forecast return = € 17.880,- per year 
Forecast net yield = 3.6% per year


UNIQUE FEATURES

-       Next to the famous bioparc València

-       Large balcony

-       Day light thru the whole house

 

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