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La Saïdia, Valencia
INVESTMENT OF 6 APARTMENTS TOGETHER
Price
€985,000
APARTMENTS FOR INVESTORS. Located next to the Turia River, now a 7km long park that crosses the city, and opposite the Torres de Serrano. A 5-minute walk from the historic center and the old town. Views of the Turia River at the front and a rear patio at the back. Perfect central location. This PROJECT underwent a complete renovation in 2018, unifying two 187 m2 apartments (Door 1 and 2) into a 375 m2 apartment occupying the entire first floor of the building. Currently, it's a single cadastral unit, officially completed in 2020. Originally planned and designed to be a hostel/guesthouse with several rooms and mini-apartments (the project is still possible), it is currently rented out as a combination of short, medium, and long-term rooms and mini-apartments. The apartment has a total of 16 rooms and 9 bathrooms divided into 6 mini-apartments of approx. 40m2 each, including 2 bedrooms, a kitchenette, and a bathroom. There are also 3 bedrooms of approx. 20m2 each with a kitchenette and bathroom. Then there's an interior patio/terrace shared by all rooms and apartments of approx. 25m2, including a living room and a laundry area. As well as a main kitchen and a living room shared by all apartments. Each mini-apartment and room has its own lock and access. The complex has two main entrances on each side with hallways to the apartments on each side connecting through the patio/terrace. The project already includes the possibility of closing off the main living room and adding it to Room A1 (see layout in images) and thus converting it into a mini-apartment as well. For that reason, a sliding wall was installed there. High yields for investors.
Object type
Flat
Condition
Very good
Rooms
16
Bedrooms
16
Bathrooms
9
Floor
1
Number of Floors
9
Total surface
375 m²
Terrace surface
10 m²
Flooring
Laminate
Construction year
1965
Energy certificate available
In progress
Located next to the Turia River, now a 7km-long park traversing the city, and opposite the Torres de Serrano. A 5-minute walk from the historic center and the old town. Views of the Turia River at the front and a backyard at the rear. Perfect central location.
Nearby properties
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. 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); (i) in a second and subsequent deliveries of buildings the Property Transfer Tax (ITP); (v) notary and registry tariff. For the rest of the information demanded by state and autonomous government regulations, please get in touch with the Agency.