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3 bedrooms house in Oliva, Valencia, Spain

700€

Oliva, Valencia

Features

  • General
  • Terraced
  • Good
  • 3 bedrooms
  • 2 bathrooms
  • 1 guest bathroom
  • Terraces
  • Areas
  • Plot: 90 m²
  • Built: 200 m²
  • Useful: 180 m²

Property description

ALQUILER DE SEPTIEMBRE A MAYOEn la playa de Oliva, se ubica este bonito adosado listo para entrar a vivir.Cuenta con una superficie construida de unos 200 m2 distribuidos en varias plantas.La planta baja tiene dos habitaciones y un baño.En la primera planta tenemos salón comedor con salida a una terraza, un aseo y una cocina.En la segunda y última planta vemos una habitación, un baño completo y una terraza.Tiene varios aparatos de aire acondicionado y piscina comunitaria.NO SE PERMITEN MASCOTAS

Property summary

**Buyer's Overview** The property in question is a 200 sqm apartment located in Oliva, Valencia. This attractive adosado is perfect for someone looking for a serene yet privileged lifestyle, as it’s nestled in a semi-rural setting just a few minutes away from the mesmerizing beaches of Oliva. As you step into the property, you'll note: 1.]The living space is generously proportioned, featuring 2 bedrooms and a bathroom downstairs. Each room is well-ventilated, with an abundance of natural light flowing in through the bay windows and glass doors. 2.] The open-plan kitchen with dining & spacious salons warmly invite relaxation and interaction. The high ceilings add an airiness making the space feel even larger. 3.] The 1st floor also houses a utility zone, with separate aseo facilities 4.] The 2nd-floor accommodations include a spacious bedroom with a beautifully terraced lover's nest overlooking the coastline and an en-suite bathroom **Real Estate Investment Insights** * Location: The beachside setting, 20 minutes from the city centre of Valencia puts this property within easy reach of city amenities while providing a tranquil retreat from urban life. * Condition: The property is new and well-maintained, likely to appeal to a broad range of potential tenants. * Configuration: Given its multi-level nature and various amenities like the communal pool, this apartment could easily be converted into apartments for rent, offering a high yields on investment. * Rental Potential: With its proximity to the beach, its potential as a rental property is extremely high. It could generate upwards of €€400-€500 monthly income depending on the season and type of lease agreement. * Market Supply & Demand: Beachside spots like these are usually in high demand, so even in the off-season, this property would likely remain occupied. Seasonal letting could provide an added revenue stream. * Growth Prospects: As an emerging resort area, the value of Oliva is expected to appreciate over time. This asset could prove a shrewd long-term investment for the buyer. * Transaction Costs & Fees: 10-15% of the purchase price would be typical costs, including real estate agent commissions, registration, and other fees associated with buying a new property in Spain. * Taxation & Compliance: As a rental property, the buyer would be responsible for tax on the rental income earned, which would include the 15% tax on profit. **Lifestyle Purchase** * Quality of Life: The proximity to the beach, coupled with the serene atmosphere and lack of noise pollution, makes for a unique and peaceful living experience, perfect for those seeking a real break from city life. * Amenities: The community pool adds an extra dimension of leisure time enjoyment, which would be a major draw for beach goers and water sports enthusiasts. * Accessibility: Public transportation is readily available, making it feasible to live without a car. * Local Amenities: While the property is surrounded by nature, essential stores and restaurants are still within a walkable distance or a short drive. * Space & Layout: The floor area provides ample space, perfect for a family unit or individuals seeking ample privacy and independence. The layout is ideal for a couple or a individual looking to own a holiday home or a comfortable residential property for aspiring digital nomads. * Maintenance Responsibility: The community pool is a shared responsibility among the residents, which might be appealing to some but could prove an issue for others. Generally, an apartment of this scale would require moderate upkeep, especially with its multi-level layout and poolside location **Price & Financing Options** * The monthly rent of €700 might seem reasonable considering the location and facilities on offer; however, if you plan to buy this property, expect to pay around €80,000-100,000 for a 100% down payment. Alternatively, consider home loan options and financing terms available in Valencia, taking into account all costs and interest rates associated with your purchase decision. * Mortgage terms in Spain typically range from 20 – 30 years with interest rates between 1.5 – 3.5%. This could lower the monthly mortgage payments significantly, making this a feasible purchase for those with good credit and stable income. In conclusion, the described property offers an ideal blend of serenity, natural beauty & lifestyle amenities, along with solid investment prospects. Despite its relatively higher price point compared to other beachside apartments in Oliva, its upper-middle-class neighbourhood ambiance justified by its size and architecture, along with its excellent condition & highly sought-after location near the beach, makes it a unique solution in the area.

Location

Oliva, Valencia

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