PROPERTY FEATURES
Asking price
€ 360.000
Rental P.A.
€ 13.800
Size
106 m2
Yield
3.8 %
FOR SALE

Plaza juan de villarasa 7Valencia, Spain

Property Description

Apartment in the centre of Valencia of 106 m², located in the neighbourhood Ciutat Vella next to the historical centre.


The house consists of two bedrooms, a third office space, a bathroom, a toilet, and a spacious living room. The house consists of three levels. You access from the intermediate level, where the spacious living room is located. Next to the living room there is a modern kitchen. Besides that, the toilet is located next to the living room. On the upper floor, there is a space for an office, or other possibilities of use. If you descend from the living room, you will see a large wardrobe in the hall from where you can access the two double bedrooms. The main bedroom has built in wardrobes and a complete bathroom. The house is finished with high qualities, has natural park floor, underfloor heating and air conditioning.

 

The house is located in the popular neighbourhood Ciutat Vella. Ciutat Vella is also known for the historical heart of Valencia. The house is nearby the 13-century cathedral and within walking distance of multiple restaurants, museums, and other cultural activities.


The accessibility of the house is good, since it is in the middle of Valencia. There are multiple ways to come to the house by public transport. Besides that, the accessibility by car is good since the house is next to the road and has its own private parking space.


INVESTMENT INFORMATION:

Asking price = € 360.000,-

The house is currently not rented out. A forecast rental income based on mid-term lease = € 13.800,- per year


Costs:

  • Town hall tax (IBI) = € 500,- per year
  • Community owners fee: € 1.080,- per year
  • Total = € 1.580,- per year
Forecast return: € 12.220,- per year
Forecast net yield:= 3.4%

 

UNIQUE FEATURES

-       Private parking space

-       The unique location in the centre of Valencia

-       Private storage room

-       Good accessibility by all transport

 

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