Flat for sale in Russafa, Valencia city, Valencia

Penthouse for sale in Valencia, En Corts | 3 bedrooms | 2 bathrooms | 2 terraces | rental income

Home for sale on Calle de Rubén Vela, in the En Corts neighborhood, next to Valencia’s Central Park and very close to Ruzafa. The city center is just a few minutes away. The area has supermarkets, shops, restaurants, and public transport, offering everyday convenience.

No elevator!

The home is on the fifth and top floor of a building constructed in 1967. The building has no elevator, but there are no neighbors above. In addition, the walls adjoining neighboring homes have extra sound insulation, providing greater peace and privacy.

Key features

- Built area: 90 m2
- Usable area: 76 m2
- 3 bedrooms
- 2 bathrooms
- 2 kitchens
- 2 terraces with different orientations
- Balcony
- Storage room
- Air conditioning in all rooms
- Individual electric heating
- Fifth and top floor, exterior-facing
- Building without an elevator

Layout and features

The home has been renovated and offers a versatile layout: the space is currently divided into two relatively independent areas connected by a hallway. Each has its own kitchen and bathroom.

This layout allows the spaces to be used flexibly, adapting them to a family’s needs or to other uses permitted by current regulations. One of the terraces is partially glazed and incorporated into the interior space.

The two long terraces, facing northeast and southwest, provide natural light and promote ventilation.

Current rental and income

Both areas are currently rented under separate contracts:

- €950/month — contract valid until February 28, 2027.
- €800/month — contract valid until January 31, 2027.

Current rental income: €1,750/month, equivalent to €21,000/year.

According to the information provided, the contracts will not be renewed, and the tenants have confirmed that they will vacate the home when their respective contracts end.

This means the buyer can collect rental income for the remaining term of the contracts and, once they expire, use the home according to their needs and applicable legislation.

Property advantages

- Location in En Corts, next to Central Park and close to Ruzafa.
- Top floor, with no neighbors above.
- Additional sound insulation.
- Flexible layout with two kitchens and two bathrooms.
- Two terraces with different orientations.
- Current rental income of €1,750 per month.
- Possibility of taking possession of the entire home once the rental contracts end.