This stunning traditional house, located in the vibrant El Cabanyal district of Valencia, offers a unique opportunity for both comfortable living and lucrative investment

Valencia, Valencia, Spain

For Sale

€1,500,000

REF: 947787 €1,500,000


6

3

362 m2

190 m2

Description

This stunning traditional house, located in the vibrant El Cabanyal district of Valencia, offers a unique opportunity for both comfortable living and lucrative investment. Boasting a prime location on the coveted streets of La Reina and Dr. Lluch, this property is perfectly situated to enjoy the best of this up-and-coming neighborhood, with its thriving leisure scene and high quality of life. Key Features: Generous Space: 362 m total surface area on a 190 m plot. Multiple Units: The property is divided into distinct units, offering flexibility and potential for rental income. Modern Renovations: The house has been thoughtfully renovated, ensuring a sound structure and modern comforts while retaining its traditional charm. Two Second-Floor Apartments: Main Residence: This spacious and bright 3-bedroom, 2-bathroom apartment features an open-plan kitchen and living room, creating a welcoming and airy atmosphere.

Enjoy east-facing orientation with unobstructed views, bathing the space in natural light every morning. This unit benefits from heating throughout, powered by a Vallant solar panel and boiler system, as well as air conditioning in the master bedroom and dining room. It has a separate entrance for added privacy. Tourist Licensed Apartment: This separate unit is ideal for tourist rentals, already holding a valid license.

It comprises two large double bedrooms, one single bedroom, a kitchen open to the living room, and a large bathroom. Air conditioning is installed in every bedroom, the dining room, and the living room. This unit also has a separate entrance. Ground Floor Commercial Space: The 190 m ground floor is currently operating as a restaurant, offering further income potential or the possibility to be converted into additional living space. Prime Location: Situated on the bustling streets of La Reina and Dr.

Lluch, residents will have easy access to local amenities, restaurants, shops, and the beautiful beaches of Valencia. Added Benefits: Air conditioning in multiple rooms, patios, balcony, and partially sea views enhance the living experience. Investment Highlights: This property presents an exceptional investment opportunity.

The combination of a comfortable main residence, a tourist-licensed apartment, and a ground-floor commercial space offers multiple income streams. The desirable location in El Cabanyal, a neighborhood experiencing significant growth and revitalization, further enhances its investment appeal. Features at a Glance: 6 Bedrooms 3 Bathrooms 362 m Total Surface 190 m Plot Surface Air Conditioning Balconies Partial Sea Views Tourist License (One Unit) East and West Orientation Modern Renovations Prime Location Don't miss out on this fantastic opportunity to own a piece of El Cabanyal's history! Contact us today to schedule a viewing. We speak English, Spanish and Dutch. This advertisement is informative and has no contractual value, it may contain errors.

Taxes and expenses are not included. Follow this link for a better impression of the restaurant: https://www.google.com/local/place/fid/0xd6049cbcafd4675:0xafc645d536853d71/photosphere?iu=https://lh3.googleusercontent.com/p/AF1QipP6euIxODPr7FwSx3pzmwZDG3l-LruX0M3fkCFw%3Dw160-h106-k-no-pi0-ya226.078-ro-0-fo100&ik=CAoSLEFGMVFpcFA2ZXVJeE9EUHI3RndTeDNwem13WkRHM2wtTHJ1WDBNM2ZrQ0Z3
This stunning traditional house, located in the vibrant El Cabanyal district of Valencia, offers a unique opportunity for both comfortable living and lucrative investment. Boasting a prime location on the coveted streets of La Reina and Dr. Lluch, this property is perfectly situated to enjoy the best of this up-and-coming neighborhood, with its thriving leisure scene and high quality of life. Key Features: Generous Space: 362 m total surface area on a 190 m plot. Multiple Units: The property is divided into distinct units, offering flexibility and potential for rental income. Modern Renovations: The house has been thoughtfully renovated, ensuring a sound structure and modern comforts while retaining its traditional charm. Two Second-Floor Apartments: Main Residence: This spacious and bright 3-bedroom, 2-bathroom apartment features an open-plan kitchen and living room, creating a welcoming and airy atmosphere.

Enjoy east-facing orientation with unobstructed views, bathing the space in natural light every morning. This unit benefits from heating throughout, powered by a Vallant solar panel and boiler system, as well as air conditioning in the master bedroom and dining room. It has a separate entrance for added privacy. Tourist Licensed Apartment: This separate unit is ideal for tourist rentals, already holding a valid license.

It comprises two large double bedrooms, one single bedroom, a kitchen open to the living room, and a large bathroom. Air conditioning is installed in every bedroom, the dining room, and the living room. This unit also has a separate entrance. Ground Floor Commercial Space: The 190 m ground floor is currently operating as a restaurant, offering further income potential or the possibility to be converted into additional living space. Prime Location: Situated on the bustling streets of La Reina and Dr.

Lluch, residents will have easy access to local amenities, restaurants, shops, and the beautiful beaches of Valencia. Added Benefits: Air conditioning in multiple rooms, patios, balcony, and partially sea views enhance the living experience. Investment Highlights: This property presents an exceptional investment opportunity.

The combination of a comfortable main residence, a tourist-licensed apartment, and a ground-floor commercial space offers multiple income streams. The desirable location in El Cabanyal, a neighborhood experiencing significant growth and revitalization, further enhances its investment appeal. Features at a Glance: 6 Bedrooms 3 Bathrooms 362 m Total Surface 190 m Plot Surface Air Conditioning Balconies Partial Sea Views Tourist License (One Unit) East and West Orientation Modern Renovations Prime Location Don't miss out on this fantastic opportunity to own a piece of El Cabanyal's history! Contact us today to schedule a viewing. We speak English, Spanish and Dutch. This advertisement is informative and has no contractual value, it may contain errors.

Taxes and expenses are not included. Follow this link for a better impression of the restaurant: https://www.google.com/local/place/fid/0xd6049cbcafd4675:0xafc645d536853d71/photosphere?iu=https://lh3.googleusercontent.com/p/AF1QipP6euIxODPr7FwSx3pzmwZDG3l-LruX0M3fkCFw%3Dw160-h106-k-no-pi0-ya226.078-ro-0-fo100&ik=CAoSLEFGMVFpcFA2ZXVJeE9EUHI3RndTeDNwem13WkRHM2wtTHJ1WDBNM2ZrQ0Z3
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Property on Map

#6762

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 €1,500,000 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
€1,500,000 £1,235,850 £1,269,135 £33,285
Property Price € €1,500,000
Minimum cost in the last six months £1,235,850
Maximum cost in the last six months £1,269,135
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,285

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 €1,500,000 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
€1,500,000 £1,235,850 £1,269,135 £33,285
Property Price € €1,500,000
Minimum cost in the last six months £1,235,850
Maximum cost in the last six months £1,269,135
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,285

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 £33,285 more.

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