RefurbishReserved
Townhouse refurbishment opportunity
Valencia South Coast · Needs partial renovation
The plan
**Ideal property for a refurbishment and resale project, located in a high-demand neighbourhood with strong demand for family homes.**
Full breakdown
- Purchase price
- €70,000≈ £59,000
- ITP
- €6,300≈ £5,268
- Notario, registro, gestoría, other
- €7,250≈ £6,062
- Refurb incl. contingency
- €38,500≈ £32,000
- Total invested
- €122,050≈ £102,000
- Value after
- €185,000≈ £155,000
- Rent per year (after empty months)
- €9,350≈ £7,818
- Running costs per year
- −€593≈ −£495
- Net rent per year
- €8,758≈ £7,323
- Gross yield
- 8.4%
- Net rental yieldAfter running costs, before tax
- 7.2%
- Sale price minus selling costs
- €175,750≈ £147,000
- Profit if sold
- €53,700≈ £45,000
- Return on a sale
- 44%
Figures are estimates based on current quotes and agent valuations. Tax depends on how you buy; your adviser confirms it. £ figures are approximate. €1 = £0.84, updated daily.
Interested in this one?
Send a message and we'll go through the numbers, the structure and the timeline together.