Five-Bedroom Apartment in Vibrant Russafa, Valencia
€350,000€4,545/m²
5
bedrooms
1
bathroom
77 m²
interior
Apartment
property type
4 weeks ago
listed
The Habio take
AI summaryThis spacious five-bedroom apartment is located in the heart of the sought-after Russafa neighbourhood, known for its dynamic atmosphere and eclectic offerings. With excellent renovation potential, it is a great opportunity for those looking to create a personalised living space in a thriving area of Valencia.
- city
- family
- investment
- renovation
Highlights
- Five rooms with flexible layout options
- High ceilings preserving classic charm
- Bright living room with favourable orientation
- Potential for renovation and personal design
- Located in the vibrant Russafa neighbourhood
- Close to restaurants, shops, and public transport
Worth knowing
- No garden or outdoor space mentioned
- Only one bathroom currently
- Requires renovation to realise full potential
Good fit for: Ideal for buyers wanting to create a personalised home in a lively, urban setting.
Lifestyle scores
- Beach
- 50
- Walkable
- 85
- Remote work
- 65
- Family
- 70
- Retirement
- 60
- Airport access
- 80
- Investment
- 75
- Luxury
- 55
- Value
- 70
About this place
This is a 77 m² apartment situated on Puerto Rico street, in one of Valencia's most vibrant areas, Russafa. Located on the second floor of a building equipped with an elevator, this property is ripe for renovation, allowing a new owner to reimagine it for their personal tastes.
The apartment includes five rooms, with two facing the street and three interior, providing flexibility in how the space can be utilised. The bright living room boasts a favourable orientation, complemented by an independent kitchen and a full bathroom. There is potential to add a second bathroom during renovations, further enhancing the home's functionality. High ceilings throughout preserve the original charm typical of classic estates in the Russafa area, contributing to a spacious and inviting atmosphere.
Russafa is celebrated for its cosmopolitan vibe, featuring a wide range of restaurants, cafes, shops, and markets. It is conveniently close to Valencia's centre, the North Station, and City Hall Square. The neighbourhood also benefits from local schools, healthcare facilities, and excellent public transport connections, making it an ideal choice for anyone looking to immerse themselves in one of the city’s most promising districts.
What this place offers
- elevator
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



