Apartment for sale

Apartment for sale

Valencia, Valencia
269,000
 
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
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Make an Enquiry About This Property

Ref: 2551
Property marketed by Cabanyal Estate Cabanyal Estate
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Cabanyal Estate Realty presents this ground floor of 145 m² located in the heart of El Cabanyal, one of the most sought-after areas in Valencia for both residential and mid-term tourist rentals. This is an exceptional opportunity for investors seeking a project with high profit potential and multiple distribution possibilities.
The property needs a complete renovation, allowing for the design and adaptation of the space from scratch. Thanks to its 145 m² of constructed area and its orientation to three streets, the property has several independent entrances and windows on all facades, providing an unusual brightness for ground floors in the neighborhood. This configuration makes it feasible to create up to three independent apartments, ideal for rental exploitation due to the strategic location and constant demand in the area.
The surroundings are one of its greatest attractions: all services are just a few steps away—supermarkets, shops, restaurants, health center, and public transport—plus the beach of La Malvarrosa, located just 500 meters away. The excellent tram and bus connections facilitate quick access to the city center and main points of interest.
A versatile property with great potential, situated in one of the most authentic and dynamic neighborhoods of Valencia. For more information or to schedule a visit, contact Cabanyal Estate Realty.
We speak Spanish, English, Italian, 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, nor notary fees, registration, legally applicable taxes or, where applicable, expenses derived from mortgage financing.
This advertisement is for informational purposes only and is not contractual.
We are a registered real estate agency in the Real Estate Intermediation Agents Register of the Comunitat Valenciana (RAICV) with the number 4410, and our agents are API licensed professionals. API licensed in Valencia No. 02113.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 145m² Build size
  • diaphanous distribution
  • construction year: 1924

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,900€
Final Payment of 90% on completion
242,100€
 
Property Purchase Expenses
Property price
269,000€
Transfer tax 10%
26,900€
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:
269,000€
Deposit:
Interest Rate:
%
Period:
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

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%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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