5 bedroom Apartment for sale in Valencia, Valencia, Spain

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Ref: 1525

Property marketed by Cabanyal Estate

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For sale is a 77 m² home located on Puerto Rico street, in the heart of the Russafa neighborhood, one of the most dynamic and sought-after areas of Valencia. Situated on the second floor of a building with an elevator, this property offers excellent potential for those looking to create a home to their liking. The property currently features five rooms, two of which are exterior and three interior, allowing for multiple distribution options. It has a bright living room with a favorable orientation, an independent kitchen, and a full bathroom, with the possibility of adding a second bathroom during the renovation. The high ceilings preserve the original charm of the classic estates in Russafa and provide a sense of spaciousness and character. This apartment represents an ideal opportunity to completely renovate and design a unique space tailored to the needs and lifestyle of its new owner. The Russafa neighborhood stands out for its cosmopolitan atmosphere and its wide range of restaurants, cafes, local shops, and markets, in addition to its proximity to the center of Valencia, the North Station, and City Hall Square. The area also has schools, health centers, and excellent public transport connections. A perfect option for those looking to live in one of the most vibrant and promising neighborhoods of the city, with the possibility of creating a home with all the charm of Russafa. Schedule a visit today and let your imagination soar!

We speak Spanish, English, and Dutch.

The advertised sale price does not include agency fees, which amount to 3% of the final sale price, plus 21% VAT, or notary, registration, legally applicable taxes, nor, if applicable, expenses derived from mortgage financing.

This ad is for informational purposes only and is not contractual.

We are a registered real estate agency in the Real Estate Intermediation Agents Registry of the Valencian Community (RAICV), registered under number 4410. We are licensed real estate agents. Your registered API in Valencia nº 02113.

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Property Features

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5 bedrooms
1 bathroom
77m² Build size
air conditioning yes
lift

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

32,000€

Final Payment of 90% on completion

315,000€

Property Purchase Expenses

Property price

350,000€

Transfer tax 10%

35,000€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

350,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.