Valencia (Spain) | Ready Aparthotel in an excellent location close to the Universities of Valencia – 3 million euros!
We offer an investment facility with an existing rental business and professional management.
The property is located in one of the most popular locations of the city of Valencia – near the university campus.
That provides a high and stable demand for accommodation and 100% occupancy!
15 apartments (4 with their own balconies)
• The total area is 529 square meters.
• The cost is 3,000,000 € + 5% commission of a real estate agency.
• Yield - 6% per annum
• Operating management company
• Long-term contract with the management company for 15 years, of which the first 5 years are mandatory execution.
• Stable rental income and a fully finished investment without the need for self-management.
Valencia is the capital of the autonomous community of Valencia and the third largest city in Spain after Madrid and Barcelona. The population of the city exceeds 825 thousand people, and the annual tourist flow is about 2.2 million visitors. Thanks to the developed economy, prestigious universities, high quality of life and stable growth of the real estate market, Valencia is one of the most attractive cities in Spain for investment in profitable real estate.
Presentation of the object, financial indicators and full information on the transaction is provided upon request and availability of the LOI card from the buyer.