Renovated 5-Bed Apartment with High Rental Yield in Valencia
€238,000
5
bedrooms
2
bathrooms
Apartment
property type
3 weeks ago
listed
The Habio take
AI summaryThis newly renovated five-bedroom apartment offers an excellent investment opportunity with a gross yield of nearly 10% per year. Located in the sought-after Campanar area of Valencia, it benefits from proximity to the metro and key urban amenities.
- investment
- city
- walkable
Highlights
- 5 bedrooms with individual air conditioning
- High rental yield of nearly 10%
- Fully furnished and recently renovated
- Two toilets and independent showers
- Optimized layout for room rentals
Worth knowing
- Located on the 2nd floor, which may not suit everyone
Good fit for: Ideal for investors seeking a passive income property in a high-demand area.
Lifestyle scores
- Beach
- 0
- Walkable
- 75
- Remote work
- 70
- Family
- 60
- Retirement
- 55
- Airport access
- 70
- Investment
- 85
- Luxury
- 80
- Value
- 65
About this place
This excellent real estate investment opportunity is located on Calle Conchita Piquer in the Campanar district of Valencia, an area known for high demand in room rentals. The property, situated on the second floor with an elevator, was completely renovated just six months ago and is available fully furnished, allowing for immediate rental income.
Featuring five rooms, all equipped with individual air conditioning and their own fridge, this apartment is optimally designed for rental purposes. It includes two toilets and two independent showers, facilitating cohabitation and reducing tenant turnover. The fully equipped kitchen boasts modern appliances, including a washing machine and dryer.
With designer interiors and premium finishes such as Venetian stucco and new windows, the apartment can cater to a high market segment while ensuring stable occupancy. The current brown flooring is in perfect condition, and the seller offers an option to replace it with a white floor to further enhance the property’s appeal. Buyers have the choice to acquire the property with or without tenants and can opt for a specialized management company for a fully passive investment.
What this place offers
- air conditioning
- elevator
- furnished
- equipped kitchen
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
