Renovated One-Bedroom Apartment in El Cabanyal, Valencia
€249,000
€5,659/m²
- 1
- Bedroom
- 1
- Bathroom
- 44 m²
- Interior
- Apartment
- Type
- 21 Aug 2026
- Listed
The Habio take
Discover a fully furnished one-bedroom apartment in the vibrant El Cabanyal neighbourhood of Valencia. This smart investment opportunity boasts a prime location just moments away from the beach and local amenities.
- beach
- investment
- rental income
- city
Highlights
- Fully renovated and furnished
- High rental yield potential
- Prime El Cabanyal location
- Close to the beach
- Ready for immediate rental income
Worth knowing
- No lift access in the building
- Limited internal space (44 m²)
Good fit for: Ideal for investors or individuals seeking a prime rental opportunity in Valencia.
Lifestyle scores
- Beach
- 90
- Walkable
- 80
- Remote work
- 65
- Family
- 50
- Retirement
- 60
- Airport access
- 75
- Investment
- 85
- Luxury
- 60
- Value
- 70
About this place
This one-bedroom apartment, located on the first floor of Progreso Street, 317, offers a fantastic investment opportunity. Covering an area of 44 m², the property has been completely renovated and is housed in a restored three-story cabanyalera house built in 1944. The building features a reinforced exterior and enhanced structural integrity, complete with a new roof and updated electrical and sanitation systems.
Inside, the apartment presents a functional and bright living area, combined kitchen and sleeping space, and a full bathroom. It is delivered fully furnished and equipped with all necessary appliances, making it ready to generate income from day one. Currently rented at €1,400 per month in medium-term rental mode, there is potential for increased profitability through short-term letting in the summer months.
This property represents an excellent opportunity for investors seeking a renovated asset in a sought-after location in Valencia, ensuring guaranteed income from the purchase while being just a short stroll from the sandy beach and all essential services.
What this place offers
- furnished
- air conditioning
Where you’ll be
Valencia, Valencia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
