Rental investment in Valencia

Castillo Benisano Street

Ah, the Nou Moles neighborhood... undoubtedly one of the best neighborhoods in the Olivereta district of Valencia! Just a few steps north of the Turia Gardens—what more could you ask for?

Here is an apartment purchased for €183,000, renovated for €62,700, then decorated for €9,200 to turn it into a little gem.

You be the judge!

Carles Ros Street

Key figures

183 000 €

Apartment price

62 700 €

Terreta Renovation

5 minutes

Turia Gardens

When the magic happens.

Strengths

High demand

Very high rental pressure in Valencia

Profitability

Increasing sale price

Passive income

Significant rental yield

Key points

Financial strategy

Purchase price:$183,000
Work: €62,700
Total cost: €297,000 (all inclusive)

Disadvantage: Financing the work is difficult → requires a significant investment.
Advantages: High potential for added value, excellent rental returns... or the ideal pied-à-terre in Spain!

297 000 €

Total budget

including bank financing of €110,000 (60% of €183,000) and personal contribution of €187,000

Monthly loan payment: €600 over 20 years (CaixaBank, interest rate of 3%)

700 €

Monthly payment for a consumer loan of €50,000 over 84 months at 5% interest, to finance the work and reduce the personal contribution.

1 350 €

Monthly rental income, long-term rental.

+ 10% annually

Annual price revaluation in the neighborhood (average over the last 5 years).

+ 8%

Annual rent increase (average over the last 5 years)