Engel & Völkers
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Unique Opportunity for Investors in a ground floor in Cabañal near Valencia beach, with project and Tourist licenses for 8 AAPP or 10 AAPP Pension, brand new.

€725,000
  • 397 m² Total surface
  • 397 m² Living area
  • 100 m² Terrace surface

Description

In the heart of the Cabañal neighborhood in Valencia, highly sought after in recent years by foreigners, tourists, and Erasmus students due to its proximity to the UPV University, Las Arenas and Malvarrosa Beaches, the Marina of Valencia, and its famous port, lies this unique, rarely found in the location, venue that boasts 397 m2 ready to generate income and profitability from the very first moment of its commercial opening, without a doubt. The venue is sold with two licenses to be selected according to the interests or feasibility study by the fortunate buyer: the Tourist and the Pension licenses. Both licenses were obtained in 2024, saving months of bureaucracy with the administration. It also has completed projects for these two licenses, with all permits, reports, and changes of use approved by the relevant administration. These projects are based on 8 AAPP units for the Tourist case and 10 AAPP units for the Pension case. The seller optionally, and in case the investor buyer wants to modify any aspect of the project, offers his own Architecture office to agree on this change. A unique investment opportunity with guarantees in one of the areas with the highest tourist demand and a promising future.

Features
PatioTerrace
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Engel & Völkers Valencia MMC

Your advisor: Jose Allet

Property ID: W-02XH05

Property details

Object type

Flat

Condition

Needs renovation

Number of Floors

5

Total surface

397 m²

Living area

397 m²

Terrace surface

100 m²

Usable surface

397 m²

Energy efficiency information

Construction year

1960

Energy certificate available

In progress

Location: Poblats Marítims, Valencia

The neighborhood of El Cabanyal, a former fishing district of the City of Valencia, is currently an area with a lifestyle unique to the rest of the City; highly sought after in recent years and currently by tourists, students, and foreigners who wish to live and enjoy life near the sea in a special and different environment. It has a postmodern and Mediterranean atmosphere, featuring barracks, 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 large metropolises. Its Famous Market, its brightness, the nearby sea breeze, leisure, dining, atmosphere, beaches, promenade, nightlife, Valencia's marina, and the Port... all are excellent reasons to live in this environment or enjoy a holiday in a place with a Mediterranean flavor and motivation, with the advantage of having all services and transportation that will take you to any point in Valencia in just a few minutes. Without a doubt, we are talking about quality of life.

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Engel & Völkers Valencia MMC

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Provider:

Engel & Völkers Valencia MMC

License partner of 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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