5 bedroom Apartment for sale

5 bedroom Apartment for sale

Valencia, Valencia
238,000
 
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
  • 5 bedroom Apartment for sale
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Ref: 7794
Property marketed by Cabanyal Estate Cabanyal Estate
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Excellent real estate investment opportunity on Calle Conchita Piquer (Campanar), one of the areas with the highest demand for room rentals in Valencia, thanks to its proximity to the metro, universities, hospitals, and major city thoroughfares.
The property, located on the 2nd floor with an elevator, has been completely renovated just 6 months ago and is being sold fully furnished, allowing for income from day one without the need for additional investment. It is currently rented by rooms, generating a monthly rent of €2,000, which implies an estimated gross yield of nearly 10% per year.
The apartment features a layout optimized to maximize income:
✔ 5 rooms, all with individual air conditioning and their own fridge
✔ 2 toilets and 2 independent showers, improving cohabitation and reducing turnover
✔ Fully equipped kitchen, with washing machine and dryer
In terms of product quality, it stands out for its designer interiors, premium finishes (Venetian stucco, new windows), and recovered original elements, allowing it to position itself in a high market segment and maintain stable occupancy.
The current flooring of the apartment is brown and in perfect condition. As an added value, the owner offers the option to replace the kitchen floor with a white one, if the buyer wishes, further enhancing the asset's appeal without complications.
There is the option to acquire the property with or without tenants, as well as to continue with a specialized management company, facilitating a 100% passive investment.
Strategic location with excellent future liquidity
Price: €238,000 (negotiable)
Contact us for more information or to schedule a visit.
We speak Spanish, English, and Dutch.
The advertised sale price does not include the real estate agency fees, which amount to 3% of the final sale price, plus 21% VAT, nor notary fees, registration, legally applicable taxes, or, if applicable, costs arising from mortgage financing.
This advertisement is merely informational and not contractual.
We are a registered real estate agency in the Registry of Real Estate Intermediary Agents of the Valencian Community (RAICV) with the number 4410, and our agents are professional registered APIs. API member in Valencia no. 02113.

Property Features

  • 5 bedrooms
  • 2 bathrooms
  • air conditioning split
  • lift
  • terrace
  • furnished
  • satelite tv
  • doble glazing
  • security door
  • construction year: 1966

EPC Rating

Energy Rating Scale
A 
B 
C 
D 
E 
F 
G 

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,800€
Final Payment of 90% on completion
214,200€
 
Property Purchase Expenses
Property price
238,000€
Transfer tax 10%
23,800€
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:
238,000€
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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