Engel & Völkers
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INVESTMENT OF 6 APARTMENTS TOGETHER

€985,000
  • 16 Rooms
  • 16 Bedrooms
  • 9 Bathrooms
  • 375 m² Total surface
  • 10 m² Terrace surface

Description

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.

Features
Built-in kitchenPatioTerraceElevatorGreen viewFurnished
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Engel & Völkers Valencia MMC

Your advisor: Jose Vicente Mateu

Property ID: W-02WSXG

Property details

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

Energy efficiency information

Construction year

1965

Energy certificate available

In progress

Location: La Saïdia, Valencia

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.

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Apartments for sale in Valencia

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Engel & Völkers Valencia MMC

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EV MMC Spain, S.L.U.

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. 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.

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