€ 650,000
Apartment for sale in Canals, Valencia
- 904 m2
- 277 m2
Description
This centrally located building with high potential for appreciation is ideal for a full-scale renovation project, residential development, or long-term investment.
The property comprises 4 floors, each with approximately 226 m² of built area.
Each floor is in a different state of repair, allowing the investment strategy to be tailored to either a phased renovation or a full building refurbishment.
Thanks to its structural configuration and layout, the property can be divided into two or three independent apartments per floor, optimizing the asset’s potential return. There is also technical feasibility for installing an internal elevator, which would significantly increase the property’s value and bring it in line with current accessibility standards.
The building also has a covered terrace at the top, a space with considerable potential that could be used for a future fifth floor, penthouse, or communal area, subject in all cases to a technical assessment and urban planning regulations.
In its current condition, the units are functional and habitable, with operational electrical, plumbing, and drainage systems, facilitating both immediate use and phased renovation.
The property is registered under a horizontal division regime, representing a 25% share of the building as a whole.
Price subject to valuation and negotiation.
Location
Canals, Valencia Location provided by the AdvertiserFeatures
- Apartment
- Build Size: 904 m2
- Plot: 277 m2
- Terrace/Balcony
- Resale
- Needs Renovation
- Energy Efficiency Rating: In Progress
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