Renovated One-Bedroom Apartment in El Cabanyal, Valencia
€300,000€6,818/m²
1
bedroom
1
bathroom
44 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryDiscover a fully furnished one-bedroom apartment in the vibrant El Cabanyal neighbourhood of Valencia. This smart investment opportunity boasts a prime location just moments away from the beach and local amenities.
- beach
- investment
- rental income
- city
Highlights
- Fully renovated and furnished
- High rental yield potential
- Prime El Cabanyal location
- Close to the beach
- Ready for immediate rental income
Worth knowing
- No lift access in the building
- Limited internal space (44 m²)
Good fit for: Ideal for investors or individuals seeking a prime rental opportunity in Valencia.
Lifestyle scores
- Beach
- 90
- Walkable
- 80
- Remote work
- 65
- Family
- 50
- Retirement
- 60
- Airport access
- 75
- Investment
- 85
- Luxury
- 60
- Value
- 70
About this place
This one-bedroom apartment, located on the first floor of Progreso Street, 317, offers a fantastic investment opportunity. Covering an area of 44 m², the property has been completely renovated and is housed in a restored three-story cabanyalera house built in 1944. The building features a reinforced exterior and enhanced structural integrity, complete with a new roof and updated electrical and sanitation systems.
Inside, the apartment presents a functional and bright living area, combined kitchen and sleeping space, and a full bathroom. It is delivered fully furnished and equipped with all necessary appliances, making it ready to generate income from day one. Currently rented at €1,400 per month in medium-term rental mode, there is potential for increased profitability through short-term letting in the summer months.
This property represents an excellent opportunity for investors seeking a renovated asset in a sought-after location in Valencia, ensuring guaranteed income from the purchase while being just a short stroll from the sandy beach and all essential services.
What this place offers
- furnished
- air conditioning
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
