Ref: DP-85-vlc-me1364me
Investment Opportunity!!! Whether to develop or to live in, we offer an excellent opportunity for investors……O as a home! In recent years, Valencia has experienced a steady increase in demand for property, both to buy and to rent. The city has seen an increase in property prices due to the growing attraction of its quality of life, Mediterranean climate and cultural richness. This growth has been driven by an increase in the number of national and international residents looking to settle in the city. El Grau de Valencia is one of the most dynamic and developing areas of the city, its proximity to the beach, the port and the city of arts and sciences makes it a highly desirable area. This location is not only attractive for residents, but also for tourists, which guarantees a high occupancy and constant demand for tourist rentals. These two low-rise licensed properties in Valencia’s Grau de Valencia are generating significant income with a net profitability of around 6.5%, demonstrating the potential for return on investment. The second property, once completed, will benefit from the same favourable environment, offering the possibility of generating similar or even higher returns, thanks to its customisation and high quality design. The ability to sell the finished second home with good qualities and features adds significant value to the investment. Investors have the flexibility to opt for an outright sale or a long term rental or tourist operation, depending on market conditions and personal investment strategies. Investing in these two properties in Grau de Valencia represents a unique opportunity to capitalise on a growing property market. Price: 450.000€ Reference: VLC-ME1364ME Town: Valencia Zone: El Grau Orientation: East::West Built: 187 m2 Build size: 187 m2 Build size: 184 m2 Build size: Refurbished Year of construction: 1960 Bedrooms: 2 : Extras Terrace
Dream Properties Valencia is a certified real estate agent, more information via this link. We have helped many customers over the years in Valencia City and the surrounding area, check our reviews here.
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Dream Properties Valencia is Certified Estate Agent based in Valencia and meets all legal requirements to carry out the profession of estate agent in the Comunidad Valenciana.