Prime Investment Opportunity: Building for Sale in Plaza de la Creu del Canyamelar, El Cabanyal Seize this exceptional opportunity to invest in a nearly complete building, comprising a ground floor plus two additional stories

Valencia, Valencia, Spain

For Sale

€790,000

REF: 947774 €790,000


6

6

324 m2

170 m2

Description

Prime Investment Opportunity: Building for Sale in Plaza de la Creu del Canyamelar, El Cabanyal Seize this exceptional opportunity to invest in a nearly complete building, comprising a ground floor plus two additional stories. Located in the highly desirable El Cabanyal neighborhood, this property offers private access and a prime location, making it an outstanding investment for residential or commercial purposes. Property Features: Ground Floor (83 m ): Currently licensed for restaurant use, this versatile space can be easily reverted to its original residential purpose.

The adjacent ground floor unit maintains its residential use, providing flexibility for future tenants. The potential for both business and residential use is immense. First Floor (112 m ): Spacious and luminous, featuring two double bedrooms, a complete bathroom, and a large kitchen with direct access to an expansive terrace.

The terrace also leads to a generously sized storage room, combining comfort and functionality, perfect for family living. Second Floor: This floor is divided into two updated and well-maintained units: Unit 1 (56 m ): Includes three bedrooms, a complete bathroom, and a kitchen. Unit 2 (46 m ): Also includes three bedrooms, a complete bathroom, and a kitchen. Both units offer excellent rental income potential, whether for long-term residential leases or mid-term rentals. Orientation and Ventilation: The building boasts an East-West orientation, ensuring optimal cross-ventilation that provides natural brightness and freshness throughout the day. Prime Location: Situated in the heart of El Cabanyal, one of Valencia's most authentic and rapidly growing neighborhoods.

This prime location is just steps away from pharmacies, supermarkets, the famous Mercado del Cabanyal, schools, and offers excellent public transport connections, including nearby EMT stops and Renfe and metro stations. Additional Features: 300 m of built space Building without tenants Good overall condition This building represents a unique opportunity for investors or those seeking a versatile home in a highly sought-after area.

Don't miss out on this prime investment opportunity contact us today to schedule a viewing and explore the potential this property holds! This listing is informational and non-contractual; it may contain errors. Expenses and taxes are not included. We speak Spanish, English, and Dutch.
Prime Investment Opportunity: Building for Sale in Plaza de la Creu del Canyamelar, El Cabanyal Seize this exceptional opportunity to invest in a nearly complete building, comprising a ground floor plus two additional stories. Located in the highly desirable El Cabanyal neighborhood, this property offers private access and a prime location, making it an outstanding investment for residential or commercial purposes. Property Features: Ground Floor (83 m ): Currently licensed for restaurant use, this versatile space can be easily reverted to its original residential purpose.

The adjacent ground floor unit maintains its residential use, providing flexibility for future tenants. The potential for both business and residential use is immense. First Floor (112 m ): Spacious and luminous, featuring two double bedrooms, a complete bathroom, and a large kitchen with direct access to an expansive terrace.

The terrace also leads to a generously sized storage room, combining comfort and functionality, perfect for family living. Second Floor: This floor is divided into two updated and well-maintained units: Unit 1 (56 m ): Includes three bedrooms, a complete bathroom, and a kitchen. Unit 2 (46 m ): Also includes three bedrooms, a complete bathroom, and a kitchen. Both units offer excellent rental income potential, whether for long-term residential leases or mid-term rentals. Orientation and Ventilation: The building boasts an East-West orientation, ensuring optimal cross-ventilation that provides natural brightness and freshness throughout the day. Prime Location: Situated in the heart of El Cabanyal, one of Valencia's most authentic and rapidly growing neighborhoods.

This prime location is just steps away from pharmacies, supermarkets, the famous Mercado del Cabanyal, schools, and offers excellent public transport connections, including nearby EMT stops and Renfe and metro stations. Additional Features: 300 m of built space Building without tenants Good overall condition This building represents a unique opportunity for investors or those seeking a versatile home in a highly sought-after area.

Don't miss out on this prime investment opportunity contact us today to schedule a viewing and explore the potential this property holds! This listing is informational and non-contractual; it may contain errors. Expenses and taxes are not included. We speak Spanish, English, and Dutch.
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Property on Map

#12082

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 €790,000 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
€790,000 £650,881 £669,944 £19,063
Property Price € €790,000
Minimum cost in the last six months £650,881
Maximum cost in the last six months £669,944
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,063

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 €790,000 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
€790,000 £650,881 £669,944 £19,063
Property Price € €790,000
Minimum cost in the last six months £650,881
Maximum cost in the last six months £669,944
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,063

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 £19,063 more.

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