Benimaclet, Valencia

Appreciation
52.5%
Monthly Income
€1,830
Gross Yield
18.61%
Cash-on-Cash
23.9%

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Overview

Located in Benimaclet, one of Valencia's most dynamic and sought-after neighborhoods, this property benefits from the area's mix of local charm, cultural life, and proximity to universities and public transport. The strong rental demand from students and young professionals makes Benimaclet a prime location for long-term investment.

Acquisition & Renovation

Acquired directly from a bank, the apartment was originally a three-bedroom unit with a small, outdated kitchen. A full renovation was carried out, including a new open-plan kitchen, updated bathroom, complete electrical upgrade, and fresh paint throughout. The layout was optimized by adding an additional room within the living area, enhancing both functionality and rental potential.

Key Improvements

  • Acquired from bank at below-market price
  • Complete kitchen renovation with modern open-plan design
  • Full electrical system upgrade
  • Additional bedroom created from living space
  • Enhanced rental appeal in high-demand area
  • Investment Summary

    Purchase Price

    €118,000

    Current Value

    €180,000

    Appreciation

    52.5%

    Rental Returns

    Monthly Income

    €1,830

    Gross Yield

    18.61%

    Cash-on-Cash Return

    23.9%

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