Ayora, Valencia
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Overview
Situated in Ayora, a quiet yet central neighborhood in Valencia, this property enjoys close access to the city center, the beach, and public transport. The area's balance of convenience and residential atmosphere makes it especially appealing to families and professionals seeking long-term rentals.
Acquisition & Renovation
The apartment required minimal work, allowing for a quick turnaround. The living room was enclosed to create an additional bedroom, boosting overall rental yield. The unit was fully furnished and tastefully decorated to create a warm, welcoming feel that increased its appeal and occupancy rate.
Key Improvements
Investment Summary
Purchase Price
€149,000
Current Value
€170,000
Appreciation
14.1%
Rental Returns
Monthly Income
€2,000
Gross Yield
16.1%
Cash-on-Cash Return
17.51%
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