Stylish Two-Bedroom Apartment with Private Patio in Valencia
€495,000€6,188/m²
2
bedrooms
1
bathroom
80 m²
interior
Apartment
property type
4 weeks ago
listed
The Habio take
AI summaryThis beautifully renovated two-bedroom apartment on Calle Progreso boasts a private patio, offering a unique blend of modern living and historical charm. Located just a five-minute walk from Valencia beach, it sits within the vibrant Cabañal neighbourhood, known for its rich culture and gastronomy.
- beach
- investment
- luxury
Highlights
- Fully furnished and equipped
- Private patio with access from all rooms
- Close to Valencia beach
- High rental yield potential
- Luxurious renovation in a historic building
Good fit for: Ideal for investors or those seeking a luxury residence by the beach.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 75
- Investment
- 80
- Luxury
- 75
- Value
- 70
About this place
Cabanyal Estate presents a unique real estate opportunity in the coveted Calle Progreso. This ground-floor apartment, covering 75 m², is located in a traditional two-storey building from 1930, embodying the essence of modern Mediterranean living while respecting Valencia's historical character. The home is designed to maximize light and comfort, featuring an open social area that integrates the living room, dining room, and fully equipped high-end kitchen.
The apartment includes two double bedrooms and a spacious bathroom with premium finishes, complemented by a large custom-made wall closet for generous storage. The distinguishing element is its private patio, a tranquil oasis with direct access from both the living room and bedrooms, creating a seamless connection between the interior and exterior.
This property represents a versatile investment opportunity, having registered a yield of 8.21% in 2025 with an occupancy rate of 85%. It is delivered fully furnished and equipped, making it a ready-to-move-in home or a luxury second residence easily monetised when not in use. Located just a short stroll from the beach, this apartment is part of a neighbourhood currently experiencing cultural and gastronomic growth, making it a preferred destination for European investors.
What this place offers
- air conditioning
- furnished
- private patio
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


