1 bedroom Apartment for sale

Cabanyal Estate presents this interesting investment opportunity: a studio located on the first floor (no elevator) of Progreso Street, 317, in the heart of El Cabanyal. The property, measuring 44 m², has been completely renovated and is part of a typical three-story cabanyalera house built in 1944. The building has been fully restored: the exterior structure and all intermediate floors have been reinforced, the roof has been completely replaced, and the electrical installation and sanitation system have been renewed. The studio combines a functional and bright living area, kitchen, and sleeping area, along with a full bathroom. It is delivered fully furnished and equipped with all appliances, ready to generate income from day one, without the need for additional investment. Currently, the owner has the property rented for €1,400 per month in medium-term rental mode, with the possibility of increasing profitability by renting it in short-term mode during the summer months, with minimum stays of 11 nights. This is an excellent opportunity for investors looking for a renovated asset in a prime location in Valencia, just a few steps from the beach and all services, with guaranteed income from the purchase. 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, nor notary fees, registration, legally applicable taxes, or, where applicable, costs derived from mortgage financing. This announcement is for informational and non-contractual purposes only. We are a registered real estate agency in the Registry of Real Estate Intermediary Agents of the Comunitat Valenciana (RAICV) with the number 4410, and our agents are licensed API professionals. API licensed in Valencia no. 02113