€ 185,000
Flat for sale in Els Orriols, Valencia city, Valencia
- 3
- 1
Description
Renovated 3-bedroom apartment with balcony and elevator for sale. Apartment of 76 m², located on the fifth floor with elevator, and currently rented for € 990 per month, with payments up to date. A particularly interesting option both for those looking for a renovated and equipped home and for investors who want to acquire a property that is already generating income. The house is distributed in three bedrooms, living room, equipped kitchen, bathroom and balcony. The comprehensive renovation carried out at the end of 2024 renovated the house and gave it a modern, bright and functional image. It is delivered equipped with furniture and appliances, including kitchen, refrigerator and washing machine. It also has air conditioning and an alarm system. Likewise, a renovation of the general electricity, water and sanitation facilities was carried out in the building, financed by the owners and the Administration. There is signed documentation related to the situation of the property in the event of a transfer, which may be provided for review to buyers who are really interested. This allows the transaction to be valued both from an investment perspective and for future use of the home, according to the applicable contractual conditions. Sold with existing furniture and equipment
Layout: 3 bedrooms Living - dining room Fitted kitchen, ceramic hob, hood, washing machine, thermos, oven, fridge
1 renovated bathroom
A location that makes your day-to-day life easier
Located in a residential area of Valencia, this property offers access to essential services, shops and leisure options to enjoy a comfortable life.
Supermarkets and local shops for daily shopping.
Health centres and pharmacies in the area.
Schools and institutes in and around the neighbourhood.
Sports centers and gyms to stay active
Cafes and restaurants where you can enjoy the local atmosphere.
Arena Multiespacio Shopping Centre, with shops, restaurants and different services.
Parks and green areas to walk and enjoy the outdoors.
Good public transport connections, with bus stops in the area and connections to other parts of Valencia.
Approximate distances
Malvarrosa Beach: 6-8 km (10-15 minutes by car).
Valencia centre: 4-5 km (15 minutes by car).
Arena Multiespacio shopping centre: 1-1.5km (5 minutes by car).
Valencia Airport: 10-12 km (approximately 15-20 minutes).
All this makes this property an excellent option for those who want to enjoy the Mediterranean lifestyle without giving up the convenience of having all services nearby
Excellent opportunity for investors
Thanks to its condition, location and distribution, this property is particularly attractive for the rental market.
Estimated rent: 990 €/month.
Estimated annual income: €11,880/year
Sale price: €185,000.
Estimated gross return (ROI): 6.42% per annum.
A very competitive profitability within the real estate market in Alicante, especially in a city where rental demand continues to grow year after year.
A home to live in... or an investment for the future
Whether as a habitual residence, second home or asset investment, this property brings together some of the most sought-after aspects by buyers: lift, comprehensive renovation, open views, excellent communication and a modern and functional layout.
Because homes change... But the good locations remain.
Features
- Flat
- Bedrooms: 3
- Bathrooms: 1
- Year Built: 1828
- Energy Certificate (Consumption): E