Community Residence For Sale: 7 Lofts + Communal Area And 7 Parking Spaces

GRUPO ALAIN REAL ESTATE SELLS COMMUNITY RESIDENCE WITH 7 LOFTS + COMMON AREA AND 7 PARKING SPACES IN PATERNA (VALENCIA).

Fully renovated and finished with the following areas each:
Ground Floor Units Built Area (m2)
Loft 1 47.27
Loft 2 41.80
Loft 3 43.98
Loft 4 44.86
Common Areas Loft 51.75
Loft 5 44.42
Loft 6 48.14
Loft 7 50.38

This complex is next to the Burjassot Campus of the Universitat de València, in the Sotolivar - Mas del Rosari area, in Paterna/Burjassot, a zone with high demand for student housing.

Distance:
2 km · Time:
6 min by bike
University Campus
Direct access to the Burjassot Campus.
Public Transport
Metro and buses just minutes away.
Services
Supermarkets and shops nearby.

Profitability Analysis — Year 1
Financial Summary: With a total investment of €825,000 (including acquisition costs), the asset generates an estimated net annual profit of €56,000 in the realistic scenario, equivalent to a 6.8% ROI.
Year 1 ROI: 6.80%
Net Profit: €56,000
Calculation Assumptions
Average rent per unit: €750/month
(realistic scenario) + €50/month garage rent
7 lofts with an average occupancy of 83%
7 parking spaces

A great real estate investment opportunity.
If interested, contact Grupo Alain Inmobiliaria and we will assist you as soon as possible.