Valencia, Xirivella - Aldaia - Manises

Description

Investment properties for sale in Valencia (Spain)

A portfolio of 4 apartments in the greater Valencia area, all within 5 km range of airport and city limits. Ideal rentals to flight crews, digital nomads, tourists, students, professionals.

• Turn Key apartments: all fully furnished, upholstered & equipped (kitchen, dishwasher, washer, vacuum, etc). This allows for a higher rental price and minimizes relocation activity (in everyone's interest)
• Landlord has deliberately chosen to rent out to internationals and on a midterm basis (3 to 12 months). Rental yield are then maximized, tenant issues minimal, infinite rental stays are then avoided, so landlord remains boss-in-property. Demand for this kind of housing in Valencia far exceeds Supply and will remain so for the foreseeable future. As a result, concluding max. 1 year leases is in many ways very much in the landlord's interest. Unsuitable tenants can therefore be let go with but pleasant tenants can be offered a new contract in another property 
• Rental prices include supply of water & internet, but exclude gas & electricity cost. Tenants pay for their real consumption.
• Vendor offers buyer(s) the services of rental manager Mr. Gabi Salsa of ‘Gabi Reformas & Pisos’  based in Torrent (Valencia) free of charge till 3 months after purchase. This to ensure a smooth conversion of the sale, no disruption in letting and no nervousness among tenants. Most notably to allow new owner to settle into his role calmly. This offer is a favour, no obligation. Perhaps the buyer will want to continue with this Gabi Pisos after this period, in which case it would be further up to the buyer and Mr. Gabi Salsa
• Communication with tenants will be through one contactperson in the property. And if desired, the apartment rent can be transferred monthly from one bank account in its entirety. There is scope for increase at next rent change in September 2024.
• Our short term rent contracts are a conscious tactic and is a token of strength, not weakness. It allows the landlord/ rental manager to keep control of the property and stay in charge.
• Highly desirable locations for both rental & sale. All properties within 5 km range of Valencia airport and city limits. Ideal rental to flight crews, digi-nomads, tourists, students, professionals.
• Current rent: € 43,560 basic rent per year……Forecast rent per Sept 2024: € 44,700 basic rent per year…….A summary of rental agreements are available on request.
• If buyer is seriously interested, another 2 apartments of the same profile & location can be included in the deal
• Mortgage financing by seller is negotiable

Locations of offered apartments (exact details will be revealed when there’s serious interest):

1. Calle Jaime Garcia Soria            46950                Xirivella, Valencia              
2. Calle San Joaquin                        46950               Xirivella, Valencia            
3. Calle Velazquez                           46960               Aldaia, Valencia                
4. Calle Menendez y Pelayo          46010                Manises, Valencia            

Property information