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.