Apartment For Sale in Valencia

Cabanyal Estate presents this excellent investment opportunity: a ground floor studio located on Calle Progreso, 317, in the heart of El Cabanyal. The property has 42 m² built (49 m² of graphic surface) and is part of a typical Cabanyal house from 1944, with three floors, that has been recently fully rehabilitated: the exterior structure and all intermediate floors have been reinforced, the roof has been completely replaced, and the electrical installation and sewage system have been renewed. The studio, designed with an open concept, combines in the same space a sitting area, a fully equipped open kitchen, and a resting area. It also features a full bathroom, a storage room, and a small exterior patio, perfect for enjoying the sunny days in Valencia. The property is delivered fully furnished and equipped with all appliances, ready to generate income from the very first moment. Currently, the studio is rented monthly (medium stay rental) for €1,250/month, with the possibility of increasing profitability by renting it out in the short-stay modality during the summer months, with a minimum stay of 11 nights. This is an ideal opportunity for investors looking for a rehabilitated asset, in one of the most promising areas of Valencia, just a few steps from the beach, with immediate profitability and no need for any renovations. Contact Cabanyal Estate for more information or to schedule a visit. We speak Spanish, English, and Dutch. The announced sale price does not include the real estate agency fees, which amount to 3% of the final sales price, plus 21% VAT, nor the notarization, registration, legally applicable taxes, or, where applicable, costs derived from mortgage financing. This advertisement is for informational purposes only and is not contractual. We are a registered real estate agency in the Registry of Real Estate Intermediation Agents of the Valencian Community (RAICV) with the number 4410, and our agents are API certified professionals. API certified in Valencia no. 02113