Housing in the process of comprehensive rehabilitation, La Xerea

Buy 275.000€

Valencia

V5211

70 sqm House

2 Rooms

2 Bathrooms

Floor: 1

Description

Monserrate offers this wonderful apartment in the process of comprehensive rehabilitation, located in a building with a recently renovated façade in La Xerea. Located in one of the most attractive points of the city, in a quiet street in the old town and a few metres from Valencia´s riverbed and the main streets of the city.

It is a first floor, with 70 sqm built completely open plan distribution.

The community of neighbours has approved that the construction of all the flats, as well as the rehabilitation of the building, which will be carried out by the building company and the architect designed by the community. At present, cleaning work has been carried out toguether with the necessary previous diligent measures. With a specific cost of €137,000 (VAT included) for the work phase and  a delivery date at the end of 2024, beginning of 2025. These payments will be made through monthly certifications.

The remaining amount of €138,000, corresponding to the price of the property, will be paid before a notary at the signing of the Public Deed of Sale.

The apartment will have the distribution that you can see in the attached plan with two bedrooms, a full bathroom, large living room and an open kitchen. There is also the possibility of including aother extra toilet. It will also have storage rooms for residents at the top of the building, with an elevator to ground level. 

This listing is definetely a unique opportunity both for investors looking for a solid profitability and also for anyone planning to live in one of the most beautiful areas of the city.

Do not  hesitate to call us if you have any questions, we will be happy to help you.

Amenities

Built-in wardrobes

Lift

Kitchen open to the living room

Reinforced door

Storage room

Video intercom system

Other data

Year of construction: 1930

Property Tax: €148/yearly

Community expenses: €150/quarterly

Location

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