- Pere Andreu Street, Valencia
Real Estate Investment in Valencia
Pere Andreu Street, Jesús, Valencia
The Jesús neighborhood in Valencia: an ideal area for rental investments.
This apartment was purchased for €185,000, renovated at a cost of €13,000, and furnished for €7,800to create a modern 4-bedroom shared apartment.
It is now available for €1,900 per month, including utilities.
You be the judge!
-
Do you have a project?
Let's schedule an appointment!
Pere Andreu Street, Jesús, Valencia
Key figures
185 000 €
Apartment price
20 800 €
Renovation & Decor
5 minutes
Doctor Peset Hospital
Photos of the apartment
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: €185,000
Renovationcosts: €13,000
Decor: €7,800
Rental income: €1,900 (including utilities)
Advantage : High potential for capital appreciation, excellent rental returns… and a great shared living arrangement for the students who will live there!
Mortgage: €129,500 (70% of €185,000)
Monthly loan payment: €718 over 20 years (CaixaBank, interest rate of 3%
718 €
Monthly mortgage payment for a mortgage covering 70% of the property's purchase price, with a 20-year term and a 3% interest rate.
1 900 €
Monthly rental income, including utilities
