Spring Real Estate advises on the purchase of an apartment in Valencia

Spring Real Estate Spain has acted as a broker to acquire an apartment in Valencia in the L’Illa Perduda district.

A Dutch private investor, part of Spring’s network, was hunting for a property investment in Valencia. Following several property visits, we identified an investment that matched the client’s specifications.

Property Details in Valencia

This apartment is in the L’Illa Perduda district, strategically between the beach and the city center. The district is lively throughout the year, housing both students and families. The property spans 102 sq m, comprising 5 bedrooms and 2 bathrooms. Its proximity to the university, combined with ample rooms, makes it an ideal candidate for room rentals.

The listed price for the apartment stands at EUR 225,000, and it projects a yield of approximately 9.6%. Presently, the apartment is under renovation, overseen by Spring Real Estate Spain.

About L’Illa Perduda

With the university a mere stone’s throw away, it is a favorite locale for students. The neighborhood has numerous cafes, restaurants, shops, and clubs. Public transport services, including trams, buses, metros, and Valenbisis, ensure L’Illa Perduda is well-connected, offering effortless commutes to the city center and beach. Furthermore, the property is just around the corner from Blasco Ibañez, one of Valencia’s most vibrant streets.

For more information on investing in Valencia, contact Sebastiaan Roos at sebastiaan.roos@springrealestate.com or dial +34 960 13 55 33.