A Ground Floor Opportunity in Nazaret
Are you on the hunt for a real estate opportunity that can start bringing in money right away and has good prospects for growth in value? We have an exclusive listing at Cabanyal Estate that might be just what you’re looking for: a ground-floor property situated on Ignacio Zuloaga Street in the well-regarded Nazaret neighborhood. This property offers a total of 66 square meters, thoughtfully laid out into two separate studios. Each studio has its own entrance directly from the street, making them entirely independent.
Studio Layout and Features
Both studios have been designed with practicality in mind. Inside each one, you’ll find a combined living and dining area that includes a fitted kitchenette. There’s a separate bedroom, providing a dedicated space for rest, and a complete bathroom. The design focuses on efficient use of space for comfortable living. The studios are equipped with features that contribute to a comfortable environment. This includes good sound insulation in the walls and doors, as well as windows with multi-layer security glass. These elements work together to help reduce noise from the outside.
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Rental Potential and Condition
This property is particularly noteworthy for its potential in the mid-term rental market. Each studio is estimated to be capable of generating between 700 and 800 euros per month in rental income. The property will be available vacant after the summer season concludes. It is being sold fully furnished, including all kitchen appliances, which aims to simplify the process for a new owner. While the studios are functional and well-equipped, a fresh coat of paint and some minor aesthetic updates could further enhance their appeal and potentially boost income generation. The focus is on a property that can be quickly prepared for rental purposes.
Location Advantages
The location of this property is a significant advantage. It’s situated just a five-minute walk from the nearest metro station. This metro line offers direct access to the El Saler shopping center and the city center of Valencia, making daily commutes and access to amenities convenient. For those who enjoy the coast, a ten-minute bus ride will take you to Las Arenas beach. The proximity to public transport and recreational areas adds to the desirability of the location for potential renters. The financial commitment for owning the property is also kept low, with an annual property tax (IBI) of approximately €180.
Investment Considerations
The asking price for this property is €139,000, which is presented as an attractive figure. A key development for this property is the urban compatibility report for a change of use to residential, which was submitted in October 2025 and is currently in process. This is an important consideration for investors looking to maximize the property’s potential. The overall proposition is framed as an intelligent investment with a strong likelihood of success.
Additional Information
The advertised sale price does not cover additional costs such as real estate agency fees, which are 3% of the final sale price plus 21% VAT. Other expenses that are not included are notary fees, registration costs, legally applicable taxes, and any costs associated with mortgage financing if applicable. This announcement is intended for informational purposes only and is not considered a contractual offer. The real estate agency is registered with the Real Estate Intermediation Agents Registry of the Valencian Community (RAICV) under number 4410, and its agents are registered API professionals in Valencia, no. 02113.
