Attention Investors! Great Refurbished Turnkey Apartment in Requena with High Rental Yield (Up to 18%)
Are you looking for a safe, highly profitable property investment without the headaches of renovations? We present this spectacular 151 m² property on the centrally located Doctor Guijarro Street in Requena, strategically designed and refurbished for the profitable coliving or room-rental model.
THE NUMBERS THAT MATTER:
The property is on the market for ?185,000 and has an optimised layout of 7 spacious bedrooms. In Requena's current market, the very strong demand allows each room to be rented for between ?350 and ?400 per month.
? Gross monthly income: From ?2,450 to ?2,800.
? Gross annual income: From ?29,400 to ?33,600.
? Gross annual yield: Between 15.8% and 18.1%!
An extraordinary cash flow, well above the average for the property market and any traditional financial product.
TECHNICAL FEATURES:
This is a spacious first-floor apartment (without a lift) which has just undergone an 85% full refurbishment:
3 brand-new full bathrooms (the key and differentiating factor to guarantee the perfect coexistence of 7 tenants without friction).
Completely renewed plumbing and electrical systems.
New external windows with high energy efficiency and insulation.
Brand-new kitchen ready for the installation of appliances.
High-quality materials, finishes and interior joinery.
GUARANTEED DEMAND:
Requena is a key location with a shortage of quality accommodation for healthcare staff, teachers, professionals relocating temporarily and workers in the industrial/agricultural sector. Occupancy is practically guaranteed all year round.
You only have to complete the purchase and start generating returns from day one. Don't miss out on this income-generating machine! Call now to arrange a viewing or request more information.
SALE:
Asking price ?185,000. Expenses and taxes not included in the price. The purchase entails taxes and formalisation costs for the buyer. For guidance purposes, it is stated that for second-hand property transfers, the general Property Transfer Tax (ITP) rate in Valencia is 9%, although other tax rates may apply depending on the buyer's personal circumstances or other circumstances provided for by law. The taxable base for the tax is the higher value between the purchase price, the valuation or the cadastral reference value. As regards notary and Land Registry fees, where applicable, these usually range approximately between 1.5% and 2.5% (fees vary according to the price, number of copies and complexity). The buyer chooses the notary. If the buyer requires a mortgage: valuation, terms and banking costs will be according to the institution chosen by the buyer, as will the costs of the administrative agency, and any other expenses inherent to the formalisation of the purchase and sale which are legally payable by the buyer, unless expressly agreed otherwise with the seller. In accordance with current regulations, the consumer has additional information and documentation relating to the property and the conditions of the purchase and sale at their disposal, which may be consulted at C/Joaquín Costa 4, ground floor, 46005 Valencia or . Estate agency mediation fees payable by the BUYER: (3% of the final sale price plus VAT (21%), unless otherwise agreed.); and by the SELLER (according to the agreement with the same). The consumer is informed that the agency acts as a property intermediary in the transaction, with any potential purchase and sale and its conditions being subject to the express acceptance of the owner-seller and the subsequent formalisation of the corresponding contract.
1870m2 parc.
2
2
