Valencia, Carrer del Teide

For sale through Spring Valencia, this four-bedroom flat in Valencia's sought-after Malvarrosa district is an excellent investment opportunity. Located on Calle Pico del Teide, the property is perfectly situated for convenience and accessibility, combining the convenience of beachfront living with the vibrancy of urban culture. 

The layout includes four spacious bedrooms, a bathroom, and offers a comfortable living space. The flat also has a nice balcony overlooking the park. The flat has been fully renovated and furnished, making this a turnkey investment, and the living space is optimised for student accommodation, given its proximity to local universities. 

The total investment for both activities is approximately €27,000 and is part of the purchase price. The prime location is not only a short distance from the enchanting Malvarrosa beach, but also close to UPV University. This positions the property as an ideal rental property for students who seek a balance between education and leisure, enhancing its rentability. 

This flat is offered as a valuable asset and will ensure a steady rental income. 

Rent guarantee arrangements are negotiable with the current owner, the flat can be delivered either empty or rented. 

Asking price: €250,000 

Gross yield on creation costs: 8.54% 

Net yield (no financing): 7,67%