Valencia, Carrer del Duc de Gaeta 43

Description

VlcInvestments offers you an exceptional real estate investment opportunity on Calle Duc de Gaeta, Valencia. This property features three modern apartments, each perfectly designed for tourist use and fully licensed. Positioned conveniently between the city center and the beach, this location offers the best of both worlds for visitors. With just a 4-minute walk to the Amistat metro station, you can access everything Valencia has to offer very easily.

Valencia's popularity is growing and growing. We see more tourists coming to the city every year, also in the winter. Valencia's famous Fallas festival in March also boosts the occupancy of the short term rental apartments during the low season. Therefore we expect an average yearly occupancy rate of at least 70% and an average daily rate of €120,- a night per apartment. 

The apartments all feature a king size bed, nice big windows, a stylish bathroom and plenty of space over all. All the amenities you wish to have are also present. Two of the three apartments also feature a spacious outdoor patio at the back. All this makes that the apartments earn a 9.4 score from customers reviews. 

Property Highlights:

• 3 Apartments: Fully furnished and equipped with one bathroom and kitchen each, ready for immediate tourist rental.
• Tourist License: License on the property matching the capacity of all apartments. 
• Turn-Key Investment: A profitable business already in operation with high-quality finishes throughout.
• Prime Location: Situated between Valencia's city center and beach, providing a desirable location for tourists.
• Buyer's Costs: Approximately 14% in transfer tax, broker, lawyer and notary fees. 
• Optional Management Services: The short-stay management company charges 17,5% of the rental income. Property management can be done for 8% of the rental income. Both for a carefree ownership.
• Gross Yield: A strong return with a projected gross yield of 14.64%.

This property represents a rare opportunity to own a high-performing, turn-key investment in one of Valencia’s most sought-after neighborhoods. Contact us to learn more and schedule a viewing.

Property information