First-floor apartment for sale in Burjassot, near Valencia city – 0260303

First-floor apartment for sale in Burjassot situated in the high-demand area of El Castell. This well-located apartment at Calle L’Almara, Burjassot, is just 250 meters from the Metro train station, which takes you straight into Valencia city centre.

The apartment building has just been renovated with new drainage pipes, a reinforced glass door at the entrance, and a telecom entry system. There is usually parking available on the road directly in front of the apartment building.

This three-bedroom first-floor apartment was refurbished 9 years ago with double-glazed windows, new electrical installations and plumbing throughout. Since then, the apartment has been used for rentals and is now being sold with a very good long-term tenant in place, whose 7-year rental contract will expire in October 2027. This current tenant pays 650 Euros in rent per month. As they are good tenants, the rental price has been maintained for them.

The existing rental contract will be passed to the new buyer, who will be entitled to increase the rent under the current legislation in October this year. Therefore with a good, reliable tenant in place, you will immediately receive this rental income monthly after the date you purchase. However, the true rental value of this Burjassot apartment in today’s market is actually closer to 900-950 Euros per month. This could be maximised when the current tenant vacates next year.

The rental demand for the area in Burjassot is rising in today’s market as is more affordable than Valencia. The demand is also driven due to the key infrastructure the town offers, with a total of four Metro stations. The close vicinity of Burjassot to Valencia makes it a fast-growing, up-and-coming ‘hot spot’ for property buyers and investors. Ideal for clients looking to buy just outside of Valencia city, but still with immediate access to the city centre.

Burjassot itself also has a green area with the ‘Parc de la Granja’, and is a historic town with a choice of good bars and restaurants. There is a large medical centre, IMED hospital and many shops close by. You then have a retail park next to the town where you will find the larger stores and restaurants, and the University of Valencia. (Burjassot campus).

This three-bedroom apartment has two bedrooms at the front (one with its own private balcony terrace), and the third bedroom is at the rear with views of your internal courtyard. The kitchen is a good size, complete with all modern electro-domestic appliances. The kitchen has a door that takes you out to your courtyard, which is a good size at 8m². The bathroom is modern with a large walk-in shower. The lounge/dining room is also a good size and has views out to the internal courtyard.

The apartment is being sold partly furnished, complete with a recently purchased washing machine and microwave. If you are looking to add a good three-bedroom apartment to your portfolio, in a growth area with good rentability, then don’t miss the opportunity to buy this first-floor apartment.

* The photos shown on our website are how this apartment was presented at the start of the rental contract. A security deposit has been retained, and this is of course, transferable to any new buyer.

For all enquiries please contact: NAYLA – 690 030 400