€ 238,000
Apartment for sale in Tormos, Valencia city, Valencia
- 74 m2
- 5
- 2
Description
Heritage investment opportunity: asset with 10% return in Campanar, Valencia.
We present a high-yield property under the “Total Ready” model (turnkey), located in one of Valencia’s most in-demand rental areas: the neighborhood of Campanar. This asset has been optimized for coliving operations, ensuring full occupancy and simplified management.
• Layout: 5 spacious bedrooms configured as independent rest units.
• Private amenities: each room has individual climate control (air conditioning) and its own fridge, maximizing the resident’s comfort and independence.
• Shared areas: 2 separate bathrooms, a fully equipped designer kitchen, and a laundry area with a dryer.
• Condition: an end-to-end renovation completed 6 months ago. The highlights include Venetian stucco finishes, renovated exterior carpentry, and the preservation of restored original doors.
• Building: second floor in a building with an elevator.
• Exit price: €238,000
• Monthly cash flow: €2,000 gross (immediate recurring income).
• Annual return (yield): 10%.
• Operational flexibility: the option is offered to purchase the asset with solvent tenants already in place or vacant (without occupants).
• External management: availability to keep the current management company for a 100% passive investment.
Strategic location
Located on Carrer de Conchita Piquer, in the heart of Campanar. A premium location next to metro stations and commercial areas, ensuring a minimum vacancy rate and high medium-term appreciation of the area.
Features
- Apartment
- Bedrooms: 5
- Bathrooms: 2
- Build Size: 74 m2
- Energy Efficiency Rating: In Progress