GALGO REAL ESTATE presents this investment opportunity offering high returns and optimised management: a refurbished property that is fully let
An excellent opportunity for investors seeking a property with immediate income and high returns.
The property is currently being successfully let on a room-by-room basis, is fully occupied and generates a monthly income of €2,100, representing an approximate return of 10 per cent. An investment ready to generate profits from day one, with no need for refurbishment or additional investment.
The property comprises 95 m² spread across 5 spacious bedrooms and 2 full bathrooms – a particularly attractive layout for maximising rental returns. It also features a fully equipped kitchen and spaces designed to offer comfort, functionality and an excellent experience for tenants.
The property was completely refurbished just 6 months ago in a modern, contemporary style. All bedrooms are fitted with air conditioning, a private fridge and new furniture. It also features a washing machine, tumble dryer, refurbished windows and high-quality finishes, which reduce maintenance costs in the short and medium term.
This is a genuine ‘turnkey’ business, ideal for both experienced investors and those looking to generate passive income with minimal effort. There is the option to purchase the property whilst continuing the business There is the option to purchase the property whilst retaining the current business and tenants, or to take it over vacant, depending on the buyer’s requirements.
Located in an area with all amenities within easy reach: supermarkets, transport links, shops and places of interest, notably its proximity to Lidl and Mercadona – factors that contribute to high rental demand and stable occupancy.
Please note: the property is situated on the 4th floor with no lift.
Don’t miss this opportunity to acquire a profitable, refurbished property with a proven rental income.
Don’t let this magnificent opportunity slip away! Call us to arrange a viewing. We look forward to seeing you!
We offer our services in Spanish, English, French and Valencian.
You can find us at our office at Calle Pascual y Genis No. 10, 2D.
You can find all the properties we are marketing on our website: galgorealestate.com.
If you are an estate agent and have a client interested in this property, please call us: we’d be delighted to work with you.
The information in this advert has been provided by the owner; it is for information purposes only and is not contractually binding. It may contain errors or be subject to change for commercial or contractual reasons.
Purchase costs payable by the buyer, not included in the property price, to be taken into account:
- The standard ITP rate in Valencia is 10 per cent; however, a different tax rate may apply depending on your personal circumstances (such as age, income, family situation, whether it is your first main residence, etc.) as provided for by law.*The tax base is the higher of the following: the purchase price, the valuation or the cadastral reference value.
- Notary and registration fees, where applicable, usually range from approximately 1.5% to 2.5% (fees vary depending on the purchase price, number of copies, etc.).
- If an administrative agency handles the registration, you will need to pay their fees plus VAT (in this case, these usually range from 250 EUR to 400 EUR plus VAT).
- Estate agent’s fees payable by the buyer amount to 3 per cent of the final sale price plus VAT (21 per cent), unless otherwise agreed.
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