Fully Furnished Studio Apartment in El Cabanyal, Valencia
€245,000€5,833/m²
1
bathroom
42 m²
interior
49 m²
plot
Apartment
property type
3 weeks ago
listed
The Habio take
AI summaryThis ground floor studio in El Cabanyal offers an excellent investment opportunity with immediate rental income potential. Recently rehabilitated, it combines modern living with the charm of a classic Valencia property, just steps from the beach.
- investment
- beach
- walkable
Highlights
- Fully rehabilitated historic building
- Currently rented for €1,250/month
- Potential for higher short-stay rentals
- Fully furnished and equipped
- Small exterior patio for outdoor use
Worth knowing
- Ground floor location may lack privacy
- Studio layout may not suit all lifestyles
Good fit for: Ideal for investors seeking immediate rental income with minimal maintenance.
Lifestyle scores
- Beach
- 90
- Walkable
- 75
- Remote work
- 70
- Family
- 50
- Retirement
- 65
- Airport access
- 80
- Investment
- 85
- Luxury
- 60
- Value
- 75
About this place
This charming ground floor studio apartment, located on Calle Progreso in the vibrant neighbourhood of El Cabanyal, presents an outstanding investment opportunity. With a built area of 42 m² and a total graphic surface of 49 m², the property is part of a traditional Cabanyal house dating back to 1944, which has undergone a comprehensive rehabilitation. The renovations include a reinforced exterior structure, a completely new roof, and updated electrical and sewage systems.
Designed with an open concept layout, the studio features a multifunctional living space that includes a sitting area, a fully equipped kitchen, and a restful sleeping area. In addition, there is a full bathroom, a storage room, and a small exterior patio that invites you to enjoy the sunny Valencia climate. The property is sold fully furnished and equipped with modern appliances, making it ready for rental from day one.
Currently, the studio is leased for medium stays at €1,250 per month, with the potential to enhance earnings by transitioning to short stays during the busy summer months with a minimum booking of 11 nights. This asset is perfect for investors seeking a low-maintenance property in one of Valencia's most promising areas, mere minutes from the beach and surrounded by local amenities.
What this place offers
- furnished
- storage
- 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
