Torrefiel, Valencia
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Overview
Located in Torrefiel, near one of the area's main parks, this property sits in an emerging neighborhood with growing demand among students and young families. The area offers good transport links and improving amenities, making it a strong candidate for value growth.
Acquisition & Renovation
Acquired recently, this apartment was a hidden gem—overlooked due to its poor presentation, outdated furniture, and smell of smoke. Once cleaned and refreshed, its spacious layout with an extra living area revealed great potential. This design made it possible to add a fourth bedroom while keeping a generous common space, significantly increasing rental income potential.
Key Improvements
Investment Summary
Purchase Price
€122,000
Current Value
€131,760
Appreciation
8.0%
Rental Returns
Monthly Income
€1,640
Gross Yield
16.13%
Cash-on-Cash Return
20.08%
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