Make an Enquiry About This Property
Property Features:
Size: 65 m² of practical and cozy living space
Living Room: Spacious and bright, featuring a comfortable double sofa bed, perfect for relaxing or hosting guests
Kitchen: Open-plan and integrated with the living room, equipped with modern appliances including a refrigerator, oven, microwave, and coffee maker, highlighting its functionality and contemporary design
Bedrooms: Two double bedrooms, each with its own en-suite bathroom, providing private and comfortable spaces for residents and guests alike. Both rooms are furnished with double beds and wardrobes, maximizing comfort and storage
Investment Potential:
Tourist License: One of the most attractive features is its tourist license, allowing the owner to rent out the property on platforms like Booking and Airbnb. With the capacity to accommodate up to 6 people (thanks to the 2 double bedrooms and the sofa bed in the living room), this apartment has great potential as a tourist rental
Profitability Projection: Valencia is a high-demand tourist destination, and this property is strategically located near Jardín del Turia, the historic center, and other points of interest. With an average rate of €120-150 per night and an estimated occupancy of 70-80%, annual income could range between €30,000 and €40,000, making it a solid investment with an excellent return of 10-15%
Neighborhood: Situated in the La Petxina district, the apartment offers a tranquil and well-connected environment. Just steps away, you'll find public transport, shops, restaurants, and services, as well as easy access to the city's main tourist areas.
This property is ideal for those looking for a ready-to-move-in home or a highly profitable investment opportunity.
Contact us to arrange a viewing.
This announcement is informative and without contractual value, it may contain errors. Expenses and taxes not included.
We speak Spanish, English and Dutch.
Property Features
- 2 bedrooms
- 2 bathrooms
- 65m² Build size
- air conditioning yes
- furnished
- satelite tv
- doble glazing
- security door
- construction year: 1931
- orientation: Sur
Costing Breakdown
* 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 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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.