RefurbishAvailable
Large Townhouse Refurbishment Opportunity
Valencia South Coast · Needs full renovation
The plan
Large townhouse located in a highly desirable town, offering excellent refurbishment potential. There is also the possibility of converting the property into two separate apartments, creating an attractive opportunity for investors.
Full breakdown
- Purchase price
- €58,000≈ £50,000
- ITP
- €5,220≈ £4,492
- Notario, registro, gestoría, other
- €7,250≈ £6,238
- Refurb incl. contingency
- €44,000≈ £38,000
- Total invested
- €114,470≈ £98,000
- Value after
- €185,000≈ £159,000
- Rent per year (after empty months)
- €9,350≈ £8,045
- Running costs per year
- −€588≈ −£506
- Net rent per year
- €8,763≈ £7,540
- Gross yield
- 8.9%
- Net rental yieldAfter running costs, before tax
- 7.7%
- Sale price minus selling costs
- €175,750≈ £151,000
- Profit if sold
- €61,280≈ £53,000
- Return on a sale
- 53.5%
Figures are estimates based on current quotes and agent valuations. Tax depends on how you buy; your adviser confirms it. £ figures are approximate. €1 = £0.86, updated daily.
Interested in this one?
Send a message and we'll go through the numbers, the structure and the timeline together.