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Cabanyal Estate presents this excellent investment opportunity: a ground floor studio located on Calle Progreso, in the heart of El Cabanyal. The property has 42 m² built (49 m² of graphic surface) and is part of a typical Cabanyal house from 1944, with three floors, that has recently been completely renovated: the exterior structure has been reinforced, all intermediate floors have been replaced, and the electrical installation and sewage system have been renewed. Measures have also been taken to protect the ground against moisture. As a result, there are no humidity issues like in many other ground-floor units. The studio, with an open concept, combines in one space the living area, a fully equipped open kitchen, and the sleeping area. It also includes a full bathroom, a storage room, and a small exterior patio, perfect for enjoying sunny days in Valencia. The property is delivered fully furnished and equipped with all appliances, ready to generate income from the very first moment. Currently, the studio is rented monthly (medium stay rental) for €1,250/month, with the possibility of increasing profitability by renting it out for short stays during the summer months, with minimum stays of 11 nights. This is an ideal opportunity for investors looking for an already renovated asset in one of the most promising areas of Valencia, just steps from the beach, with immediate profitability and no need for any renovations. Contact Cabanyal Estate for more information or to schedule a visit. We speak Spanish, English, and Dutch. The advertised sale price does not include real estate agency fees, which amount to 3% of the final sale price, plus 21% VAT, or notary fees, registration, legally applicable taxes, or, where applicable, costs arising from mortgage financing. This advertisement is for informational purposes only and is not contractual. We are a registered real estate agency in the Registry of Real Estate Intermediary Agents of the Valencian Community (RAICV) with number 4410 and our agents are professional API members. API member in Valencia no. 02113

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