Apartment for sale in Burjassot, Valencia

Investment with vision: Project to create a student residence in Burjassot with high profitability.

We present an extraordinary investment opportunity in one of the most established university areas of Valencia: Burjassot. Located in the heart of this educational environment is the building that currently has 5 constructed apartments and an approved project for large-scale expansion, in addition to being close to 3 universities (another in project) and adjacent to the Valencia fair.

Currently, the building has 148 m2 built, but the true potential lies in the ambitious rehabilitation project planned, which will transform two adjacent buildings into a modern residence with 60 rooms; these buildings will have an area of 1,119.10 m2 and 781.94 m2 respectively.

The future complex will not only offer accommodation but a complete experience for the student, including: Reception, Common dining areas, restrooms, terraces, gym, laundry, Storage rooms, Storage spaces.

Thanks to the high structural demand for accommodation in the area, boosted by the proximity to several university campuses, the already planned operator would pay €600 per room/month, generating estimated revenues of €36,000 monthly or €432,000 annually after the completion of the project.

Two investment modalities:

With rehabilitation, sale of the completed project:
Price: €6,000,000
Estimated profitability: 8.5% annual

Without rehabilitation:
Sale in its current state (5 existing apartments):
Price: €3,000,000

Perfect option for developers or investors who wish to lead the development of the project and maximize their profitability.

Key points of the project:
Strategic location in Burjassot, a university enclave par excellence.
Project with excellent projection and long-term return.
High profitability with a committed operator.
Great potential for asset appreciation after rehabilitation.
An ideal opportunity for investment funds, developers, or private investors looking for a solid, profitable project with guaranteed demand.