Apartment building in the center of Valencia, Spain

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Apartment building in the center of Valencia, Spain

11,000,000 €
2,471 € /m²
£9,464,000
£2,126 /m²
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  • Total area
    4,450 m²
  • Yield
    3.0%
Details
Property parameters
  • Total apartments: 21
  • 6-floor building
Financial performance
  • Annual income: 330,000 €
Tenants
  • Fully let

Apartment building located in one of the most tourist and commercial areas of Valencia.

Description

The six-storey apartment building includes 21 apartments and covers an area of 4450 m².

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Financial performance

The absolute annual income is 330,000 €.

The current yield is 3%.

Tenants

All spaces are leased.

Location and nearby infrastructure

The property is located in the center of Valencia, in close proximity to the Central Market, the North Station, the Plaza de la Reina and Lonja de la Seda.

There are 300 sunny days a year in Valencia with an average temperature of 19ºС, which makes this province ideal for living all year round.

Valencia has beautiful architecture, developed infrastructure, schools and universities, excellent gastronomy and spacious beaches.

Valencia is also the venue for international events such as the European Formula One Grand Prix or the Valencia Open Tennis 500 Championship.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Valencia (city).

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    Marina Filichkina,
    Head of Sales
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