Flat for sale in Cabanyal-Canyamelar, Valencia city, Valencia

This interesting investment opportunity: a studio located on the first floor (no elevator) of Progreso Street, 317, in the heart of El Cabanyal. The property, measuring 44 m², has been completely renovated and is part of a typical three-story cabanyalera house built in 1944. The building has been fully restored: the exterior structure and all intermediate floors have been reinforced, the roof has been completely replaced, and the electrical installation and sanitation system have been renewed.

The studio combines a functional and bright living area, kitchen, and sleeping area, along with a full bathroom. It is delivered fully furnished and equipped with all appliances, ready to generate income from day one, without the need for additional investment.

Currently, the owner has the property rented for €1,400 per month in medium-term rental mode, with the possibility of increasing profitability by renting it in short-term mode during the summer months, with minimum stays of 11 nights.

This is an excellent opportunity for investors looking for a renovated asset in a prime location in Valencia, just a few steps from the beach and all services, with guaranteed income from the purchase.