Three-Bedroom Terraced House in El Cabanyal, Valencia
€232,000
€2,937/m²
- 3
- Bedrooms
- 2
- Bathrooms
- 79 m²
- Interior
- 60 m²
- Plot
- Land
- Type
- Today
- Listed
The Habio take
This three-bedroom terraced house offers a unique investment opportunity in the iconic neighbourhood of El Cabanyal, just a short stroll from the beach. With its west-facing position and views overlooking a park, it presents an excellent canvas for renovation and modernisation.
- beach
- investment
- renovation
- city
Highlights
- Prime location in El Cabanyal
- Potential for renovation or development
- Includes full ownership of the land
- West-facing with park views
- Two independent units
- Short distance to the beach
Worth knowing
- Requires complete renovation
- Access points currently boarded up
Good fit for: Best suited for investors or buyers looking to create a bespoke home in a thriving seaside community.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 70
- Investment
- 75
- Luxury
- 40
- Value
- 65
About this place
Nestled in the vibrant El Cabanyal neighbourhood, this property located on Calle Horno del Cabañal is a rare investment opportunity or custom residential project. Spanning a total of 79 m² across two floors, the building sits on a 60 m² plot and is divided into two independent units.
The ground floor comprises 38 m², while the first floor mirrors this size and includes a private terrace. With clear views and ample natural light, this west-facing property has significant potential. Unlike many other plots in the area, the sale includes full ownership of the land, which is a notable advantage.
The property is not subject to specific heritage protections, making it easier to consider various renovation options, limited only by the maximum height restriction of two floors. However, the property requires complete renovation, providing the perfect backdrop to develop a modern single-family home or a high-yield investment project. Access points are currently boarded for safety, but viewings can be coordinated with the assistance of our dedicated team.
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
