Renovation Project: 4-Bed House in El Cabanyal, Valencia
€380,000
€1,900/m²
- 4
- Bedrooms
- 2
- Bathrooms
- 200 m²
- Interior
- 145 m²
- Plot
- House
- Type
- 12 Aug 2026
- Listed
The Habio take
This 4-bedroom house offers significant renovation potential in El Cabanyal, a vibrant Valencia neighbourhood. Ideally located just minutes from Malvarrosa beach, this property is perfect for investors or those seeking a unique residence.
- beach
- investment
- renovation
- historic
Highlights
- 4 bedrooms with renovation potential
- Located in vibrant El Cabanyal
- Short walk to Malvarrosa beach
- Flexible layout for various uses
- Option to acquire adjoining building
- Strong investment potential
Worth knowing
- Significant renovation required
- Additional costs for agency fees and taxes
Good fit for: Ideal for investors or buyers looking to create a unique residential project.
Lifestyle scores
- Beach
- 85
- Walkable
- 75
- Remote work
- 65
- Family
- 70
- Retirement
- 60
- Airport access
- 80
- Investment
- 75
- Luxury
- 50
- Value
- 65
About this place
This traditional house, situated in the charismatic neighbourhood of El Cabanyal, Valencia, presents a unique opportunity for acquisition. Located on the notable Calle de la Barraca, this property has a constructed area of 200 m² and was formerly used as a falla casal, allowing for a variety of redevelopment options.
The house comprises a spacious ground floor of 144 m² and a first floor of 56 m². With access to two streets, the layout offers flexibility for transformation. Potential ideas include creating a single-family home with open spaces or dividing it into several residential units, adhering to current urban regulations.
There is further potential to enhance the upper floor by removing the false ceiling to expose the original height, allowing for a loft-style living space, thus adding character and value to the property. Notably, there is also the option to acquire an adjoining building at the back, which spans three floors, expanding development possibilities significantly.
The property's strategic location enriches its value, being just a short walk from Malvarrosa beach and surrounded by an array of shops, restaurants, and excellent public transport links via tram and metro. This house not only holds historical significance but also boasts immense appreciation potential in one of Valencia’s most desirable districts.
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
