Description
Sale profitable residential building in Valencia, Spain.
The five-storey building is located (4 residential floors + 1 floor with spacious commercial premises) within walking distance of the historic
the center of Valencia, in a quiet well-maintained area of La Pechina (La Petxina).
Due to its advantageous position, this building can be used as an apartment building with tourist
apartments or apartments for long term rental.
The proposed building with a facade facing two large pedestrian streets at once is located in a busy area with all the necessary
for living infrastructure. The total area of the object is 814 m2.
This area includes the ground floor with a spacious commercial space that can be leased, as well as 8 apartments
(2 apartments per floor) of about 70 sq.m. each
These apartments after the repair and possible redevelopment can be leased for a long-term or tourist rental for a very
good conditions.
The building is in excellent condition, but the object requires redecoration for subsequent operation. Rent price
apartments with similar characteristics after their redecoration will be at least 1000 € / month (with long-term lease).
This building is an ideal option for investing in profitable real estate in Valencia for the purpose of further exploitation.
as a tenement house, hostel or mini-hotel.
There are no debts and other financial burdens on the object.
Our company cooperates with professional architectural offices in Valencia and is ready to provide any assistance in conducting an independent
audit, preparation of repair estimates, as well as in the implementation of the repair itself.
Offered for sale building for the development of the hotel business in Valencia - is an ideal option for a bargain shopping
real estate in Valencia for the subsequent registration of the "golden" visa of the investor.
Price: 950.000 €
Additional information is available on request!