- Valence
Ah, le Cabanyal… mon quartier coup de cœur à València ! À deux pas de la plage, non loin des universités – que demander de plus ? Voici un appartement resté dans son jus, acquis pour 93 000 €. Presque autant investi en rénovation pour en faire un petit bijou. À vous de juger du résultat !
-
Do you have a project in mind?
Let's schedule a meeting!
Calle Juan Mercader
Key figures
190 157 €
Total budget
25 459 €
Annual rent
13.4%
Rental yield
When magic happens.
Highlights
Strong demand
High rental pressure in Valence
Profitability
Rising sales prices
Passive income
High rental yield
Highlights
Financial strategy
Starting from scratch. 4-bedroom, 2-bathroom shared apartment. Total budget: €81,068. Drawbacks? Complicated to have work done financially, so you need a lot of personal contribution (savings). Advantages? Significant added value on resale, as well as ease of finding tenants.
190 567 €
Total budget
including bank financing of €55,800 (60% of €93,000) and personal contribution of €134,767
- Monthly loan payment: €281 for 20 years.
572 €
Monthly expenses
25 459 €
Annual rental income