Investment opportunity with immediate returns in Campanar (Valencia)
GALGO REAL ESTATE is offering for sale an attractive, fully refurbished 5-bedroom flat, situated in one of Valencia’s most sought-after residential areas, Campanar, just a few metres from the metro and with excellent links to the city centre.
The property is currently let and generates a monthly rental income of €2,000, making it an excellent opportunity for investors seeking a return from day one. It can be purchased as a ‘turnkey’ investment, retaining the current management and tenants, or vacant for other projects.
Key features
Approximate gross yield of 10% per annum
Fully refurbished just 6 months ago
Completely new furnishings
Building with a lift
5 bedrooms, each fitted with air conditioning and a separate fridge
Washing machine and tumble dryer included
2 full bathrooms with two showers and two toilets
Exclusive interior design and high-quality finishes
The property combines functionality and aesthetics, incorporating Venetian finishes, refurbished joinery, restored original doors and designer decorative elements that enhance its appeal to the rental market.
Hassle-free investment
For those seeking a fully passive management approach, there is the option of retaining the current management company, which is responsible for the comprehensive administration of the property, ensuring a smooth and efficient transition for the new owner.
Strategic location
Situated in Campanar, one of Valencia’s most established and sought-after neighbourhoods, with immediate access to public transport, shops, amenities, hospitals, green spaces and universities. A location that guarantees high rental demand and solid prospects for capital appreciation.
Estimated yield: 10% per annum -- Option to purchase with or without tenants
A profitable investment, refurbished and ready to let from day one, ideal for investors seeking recurring income and potential for capital appreciation in Valencia.
Don’t miss out on this magnificent opportunity! Call us to arrange a viewing. We look forward to seeing you!
We can assist you in Spanish, English, French and Valencian.
You can find us at our office located 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.
Costs associated with the sale to be borne by the buyer that are not included in the property price and should be taken into account:
- The Property Transfer Tax (ITP) in Valencia is generally 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 taxable base for the tax 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 to €400 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.
Are you thinking of selling your property?
We offer free, no-obligation valuations – give us a call and we’ll value your property within the next 48 hours.