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Ref: 7467
Property marketed by Cabanyal Estate
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We present to you an attractive ground floor apartment located on Escalante Street, in the heart of the El Cabanyal neighborhood, one of the most promising and in-demand districts in Valencia. The property is situated on the ground floor of a typical house from the neighborhood, built in 1914, retaining the character and essence of the traditional architecture of the area.
The property is currently divided into two independent apartments that share an interior patio. One of the apartments is in good condition and ready for use, while the second requires renovation, offering an excellent opportunity to update it and maximize its value. Additionally, the patio has the potential to be divided, providing even more versatility and privacy for each dwelling.
This configuration makes the property especially appealing for investors looking for high profitability, either through long-term rentals or short-term rentals. The demand in El Cabanyal is very high, both from local residents and students and professionals, thanks to its strategic location and Mediterranean lifestyle.
The area has all the services just a few steps away: supermarkets, local shops, pharmacies, schools, universities, as well as a wide range of bars and restaurants. Malvarrosa Beach is a short walk away, and the area is perfectly connected by tram and several bus lines, with easy access to the city center.
A property with great potential, ideal for those looking to invest in one of the most dynamic and authentic areas of Valencia. Contact us for more information or to schedule a visit.
We speak Spanish, English, Italian, and Dutch.
The advertised sale price does not include the fees of the real estate agency, which amount to 3% of the final sale price, plus 21% VAT, nor the costs of notary, registration, legally applicable taxes, or, where applicable, the expenses arising from mortgage financing.
This advertisement is purely informative and not contractual.Just tell me how far you want to go. 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 licensed API professionals. API license number in Valencia: 02113.
The property is currently divided into two independent apartments that share an interior patio. One of the apartments is in good condition and ready for use, while the second requires renovation, offering an excellent opportunity to update it and maximize its value. Additionally, the patio has the potential to be divided, providing even more versatility and privacy for each dwelling.
This configuration makes the property especially appealing for investors looking for high profitability, either through long-term rentals or short-term rentals. The demand in El Cabanyal is very high, both from local residents and students and professionals, thanks to its strategic location and Mediterranean lifestyle.
The area has all the services just a few steps away: supermarkets, local shops, pharmacies, schools, universities, as well as a wide range of bars and restaurants. Malvarrosa Beach is a short walk away, and the area is perfectly connected by tram and several bus lines, with easy access to the city center.
A property with great potential, ideal for those looking to invest in one of the most dynamic and authentic areas of Valencia. Contact us for more information or to schedule a visit.
We speak Spanish, English, Italian, and Dutch.
The advertised sale price does not include the fees of the real estate agency, which amount to 3% of the final sale price, plus 21% VAT, nor the costs of notary, registration, legally applicable taxes, or, where applicable, the expenses arising from mortgage financing.
This advertisement is purely informative and not contractual.Just tell me how far you want to go. 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 licensed API professionals. API license number in Valencia: 02113.
Property Features
- 2 bedrooms
- 2 bathrooms
- 79m² Build size
- 86m² Plot size
- air conditioning yes
- open terrace
- terrace
- doble glazing
- construction year: 1921
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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























