Carrer del Vaixell 11 6, Valencia, Spain
Apartment of 80 m² living space located in the district of Camins El Grau, only two blocks away from the old racing track that will be newly developed in the near future. The spacious apartment located on the first floor is in a good condition. The unit is currently not rented.
The is divided in: hall, living room, kitchen, three bedrooms and one bathroom. The property would be perfect to rent out to students. Since it is near the Avenida del port and 2 km away from the Valencia Polytechnic University (Universidad Politécnica de Valencia (UPV)).
The apartment is part of a home association. The contribution for this association yearly is € 30,-
El Grau
- The district of Camins al Grau is famous about the Jardin Aiora. This district is located between the old city center and the beach. Through the middle of the district connects the famous Avenida del Puerto these two famous hotspots.
- Distance to the beach is 1,5 km and to the old city center is 4 km
- Bus stop around the corner and 8 minutes’ walk to the metro system
- (Free) Car parking possible in the street
INVESTMENT INFORMATION:
Asking price: € 170.000,-
The apartment is currently not rented, the forecast of the yearly rent = € 10.800,-
Costs (approximately):
Town hall tax (IBI) = € 125,- per year (0.723% per year)
Home Owners Association fee = € 360,- per year
Total = 485,- per year
Forecast return: € 10.315,- per year
Forecast net yield: 6,07% per year
