Engel & VölkersEngel & Völkers
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A living room with a large wooden bookcase, two chairs, and a floral-patterned rug. A chandelier hangs from the ceiling. Red curtains frame the windows and doors.

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

€898,000
  • 4 Rooms
  • 4 Bedrooms
  • 2 Bathrooms
  • ~283 m² Total surface

Description

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.

Features
Air-conditioningBalconyBuilt-in kitchenSecurity systemWaterfrontAtticGuest toiletOpen viewFurnished
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Engel & Völkers Valencia MMC

Your advisor: Jose Allet

Property ID: W-0493MO

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    2

  • Floor

    1

  • Number of Floors

    2

  • Total surface

    ~283 m²

  • Flooring

    Stone, Tiles

  • Building restrictions

    Front of Building Monument

Energy efficiency information
  • Construction year

    1930

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Poblats Marítims, Valencia

The location of this home is excellent and privileged, in the best area of El Cabanyal, close to its famous market, near Valencia Marina and Malvarrosa Beach.

El Cabanyal, the former fishermen’s district of the city of Valencia, is now an area with a unique lifestyle, different from the rest of the city; highly sought after in recent years by tourists, students, and foreigners who want to live and enjoy being near the sea in a special, distinctive setting. It has a postmodern, cosmopolitan, Mediterranean atmosphere; in El Cabanyal there are traditional huts, small fishermen’s houses, tiled façades, colorful buildings, and Modernist structures.

Its urban layout fosters a very authentic social climate and way of life, almost extinct in large metropolises. Its famous market, bright light, the nearby sea breeze, leisure options, restaurants, atmosphere, beaches, seafront promenade, nightlife, Valencia Marina, and the Port… all are excellent reasons to live here or enjoy a vacation in a motivating place with a Mediterranean flavor, with the advantage of having all services and transport that will take you anywhere in the city in just a few minutes. Without a doubt, we are talking about quality of life.

Floor plan

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