Spectacular Ground Floor split into two properties two streets away from prestigious areas in El Cabanyal, very close to Valencia's beach

€460,000

3 Rooms
3 Bedrooms
3 Bathrooms
119 m² Total surface
119 m² Living area

Description

Engel&Volkers is pleased to present this exclusive opportunity with an excellent location and condition, featuring independent double-entry access from Reina Street and Barraca Street in the Cabañal neighborhood. The possibilities are numerous, both for investors and future homeowners in need of a residence. For investors, we have excellent profitability data for two short-term rentals. If you are looking for a home to reside in, you have two possible solutions: the first is to combine the two ground floors and convert them into a large 119 m² home, the second option is to live in one and rent the other to maximize the investment. The property is in very good condition, having undergone a rehabilitation/update in 2019, and is ready to move in. From Reina Street, it is a loft with a living-dining room, office kitchen, and master bedroom, with a spacious bathroom and a staircase leading to a second bedroom, with a more restricted ceiling height but accessible, or any other desired function. It has ducted hot/cold air conditioning. From Barraca Street, we find the property in loft style as well, with a living-dining room with an office kitchen, a service bathroom, and going up to the first floor, the master bedroom with an ensuite bathroom and access to a small gallery. The hot/cold air conditioning is via Split system. Both properties feature fully restored original mobila doors and windows, exposed wooden beams, etc... Mediterranean and Cabañal charm.

Features

Air-conditioning

Engel & Völkers Valencia MMC

+34 96 351 78 97

Your advisor: Jose Manuel Fuster

Property ID: W-02YRYP

Location: Poblats Marítims, Valencia

The Cabañal neighborhood, an old fishing district of the City of Valencia, currently represents a unique lifestyle different from the rest of the City; it has become highly sought after in recent years by tourists, students, and foreigners who wish to live and enjoy being close to the sea in a special and distinctive environment. It boasts a postmodern, cosmopolitan, and Mediterranean atmosphere, with cottages, fishermen's houses, tiled facades, colorful buildings, and modernist structures. The layout of its urban planning is responsible for a very authentic social climate and lifestyle, almost extinct in major metropolises. Its famous market, brightness, the nearby sea breeze, leisure activities, dining options, atmosphere, beaches, promenade, nightlife, Valencia's marina, and the port are all excellent reasons to live in this area or enjoy a vacation in a place with a Mediterranean flavor and motivating environment, with the advantage of having all services and transportation that will take you to any part of Valencia in just a few minutes. Undoubtedly, we are talking about quality of life.

Commission details

Availability upon agreement. The offer is subject to change of price or withdrawal. The exposed information including the dimensions are illustrative. To confirm the dimensions, physical and legal circumstances of the sales and purchase deal we recommend to consult an independent competent professional. The price does not include the taxes, costs and fees of the Agency to pay by the purchaser. The seller has the right to choose a notary. Corresponds to the purchaser the right to choose notary payment of the following taxes and costs: (i) the fees of the Agency (ii) in a first deliveries of buildings (new development) the Value-added Tax (IVA) and the Tax on Documented Legal Actions (AJD); (iii) in a second and subsequent deliveries of buildings the Property Transfer Tax (ITP); (iv) notary and registry tariff. For the rest of the information demanded by state and autonomous government regulations, please get in touch with the Agency.