2-story building for investment near the beach with high rental yield.

Engel&Volkers is pleased to present an investment opportunity in the heart of El Cabanyal, just 200 meters from the beach. Property with 282.57 m² built and great potential for a high-yield coliving project. The proposal includes a medium functional full refurbishment with reconfiguration into 10 individual rooms, spacious common areas, a fully renovated kitchen, 3 full bathrooms, complete renewal of electrical and plumbing systems, new flooring, lighting, air conditioning, and full adaptation for modern coliving operation. Planned layout: - Main floor: 7 rooms, shared kitchen, living-dining room, and 2 full bathrooms. - Upper floor: 3 additional rooms, large full bathroom, and access to a private terrace. Estimated refurbishment cost: Between €110,000 and €145,000, including partitions, insulation, carpentry, kitchen, bathrooms, electrical installations, air conditioning, painting, and general finishes. Potential profitability: - Conservative scenario: approximate income of €90,000/year. - Optimized scenario: estimated income between €102,000 and €114,000/year. Strategic location in one of Valencia’s fastest-growing areas, ideal for mid-term rentals, digital nomads, international students, and relocated professionals. Whether you are an investor or a long-term asset holder, don’t hesitate to request a viewing of this unique opportunity; we are open to hearing from you.