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Discover a fantastic investment opportunity in the highly sought-after El Cabanyal district, right on Calle Vicente Brull! This recently renovated third-floor property has been cleverly divided into two fully independent studios, offering a unique chance to generate substantial rental income
Valencia, Valencia, Spain
REF: 969847
€285,000
Description
Discover a fantastic investment opportunity in the highly sought-after El Cabanyal district, right on Calle Vicente Brull! This recently renovated third-floor property has been cleverly divided into two fully independent studios, offering a unique chance to generate substantial rental income.Each studio features its own private entrance, comfortable bedroom, well-appointed bathroom, and dedicated kitchen, ensuring maximum tenant appeal and privacy. Adding to the allure, one of the studios boasts a delightful balcony, a coveted feature for enjoying the vibrant atmosphere of El Cabanyal.Currently tenanted with active contracts, this property provides an immediate net monthly income of 2,150:Studio 1: 1,050 / monthStudio 2: 1,100 / monthThis impressive income stream makes it a true turnkey investment for those seeking immediate cash flow from a strategically located asset.Investment Highlights:Prime El Cabanyal Location: Situated on Calle Vicente Brull, in one of Valencia's most vibrant and in-demand neighborhoods.Dual Income Potential: Two independent studios maximize rental returns.Immediate Cash Flow: Already tenanted, providing instant income from day one.Fully Self-Contained: Each studio offers complete independence with its own facilities.Balcony Advantage: One studio features a desirable balcony, enhancing its rental appeal.Third Floor (No Lift): Please note this property is located on the third floor without elevator access.Don't miss out on this exceptional opportunity to acquire a high-performing investment property in the heart of El Cabanyal. Contact us today to learn more and arrange a visit!
Discover a fantastic investment opportunity in the highly sought-after El Cabanyal district, right on Calle Vicente Brull! This recently renovated third-floor property has been cleverly divided into two fully independent studios, offering a unique chance to generate substantial rental income.Each studio features its own private entrance, comfortable bedroom, well-appointed bathroom, and dedicated kitchen, ensuring maximum tenant appeal and privacy. Adding to the allure, one of the studios boasts a delightful balcony, a coveted feature for enjoying the vibrant atmosphere of El Cabanyal.Currently tenanted with active contracts, this property provides an immediate net monthly income of 2,150:Studio 1: 1,050 / monthStudio 2: 1,100 / monthThis impressive income stream makes it a true turnkey investment for those seeking immediate cash flow from a strategically located asset.Investment Highlights:Prime El Cabanyal Location: Situated on Calle Vicente Brull, in one of Valencia's most vibrant and in-demand neighborhoods.Dual Income Potential: Two independent studios maximize rental returns.Immediate Cash Flow: Already tenanted, providing instant income from day one.Fully Self-Contained: Each studio offers complete independence with its own facilities.Balcony Advantage: One studio features a desirable balcony, enhancing its rental appeal.Third Floor (No Lift): Please note this property is located on the third floor without elevator access.Don't miss out on this exceptional opportunity to acquire a high-performing investment property in the heart of El Cabanyal. Contact us today to learn more and arrange a visit!
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Currency Exchange
Valencia, Valencia, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €285,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €285,000 | £234,812 | £247,406 | £12,594 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £234,812 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,594 |
Valencia, Valencia, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €285,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €285,000 | £234,812 | £247,406 | £12,594 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £234,812 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,594 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £12,594 more.
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