Investment opportunity in Turis Valencia – 019787

139.000
Listing ID: 019787
Bedrooms: 3
Bathrooms: 1
Plot Size: 1300 m²
Living Area: 300 m²
Heating: Oil central heating
Garage: Yes
Electricity Supply: Mains
Mains Water: Yes
Internet: Available
Telephone: Available
Property Feature: Investment opportunity
Access Road: Excellent
Fitted Wardrobes: Yes
Outdoor Living Space: Covered & open terraces
Fenced: Yes
Views: Countryside
Swimming Pool: 9m x 5m
Time to beach: 40 minutes
Time to airport: 35 minutes
Energy Certificate: In process
January 9, 2019

One of our large villas for sale in Valencia, an ideal investment opportunity in the sunshine. This Urbano property is situated on a very nice cul-de-sac road shared by well-presented villas on the desirable Altury Urbanisation. The urbanisation has two bars and restaurants, sports facilities and there is also a bus service into the town center of Turis which is 6km from the urbanisation.

This large villa has been built to very high standards and has been designed and managed by an architect. The property is connected to the mains sewerage system, which is a very good feature as with all of the properties on this desirable urbanisation. The property includes cavity wall insulation, double glazed windows with persianas (blinds) incorporated, quality floor tiling, modern electrical installations and plumbing, as you would expect from a new build property. You also have oil central heating radiators fitted in every room, with a 1.000litre oil container situated in an area next to the boiler in the garage.

This property even has an elevator shaft taking you from the ground floor in the spacious garage, up to the first floor where the main living area of the property is situated. Then the elevator shaft continues up to the second-floor open space attic room. To have a modern elevator system installed in this lift shaft, the seller was quoted 6.000 Euros for the lift and its installation. Obviously, there are internal staircases between each of the floors in place now.

On the ground floor, you have a large garage space complete with three further separate rooms. This garage has a high ceiling height and it is very spacious. On the first floor (which can also be accessed from the front on ground level as this is a terraced plot), you have a front terrace. You enter into a central reception hallway which distributes to the rooms.

There is a modern fully fitted kitchen complete with all modern electro-domestic appliances including a large American fridge freezer. The kitchen has a door taking you back out to the front terrace and barbecue area which is adjacent to the 9m x 5m tiled swimming pool.

The swimming pool is complete with lights and is situated to the side of the villa gaining much sunlight. Back inside, you have a large lounge/dining room complete with patio doors that take you out to a wonderful balcony terrace. The terrace is 40m² with plenty of space for outside dining whilst enjoying your elevated views. On this main floor of the villa, there are three double bedrooms each with fitted wardrobes and a family bathroom complete with a hydro-massage shower.

High quality double glazed windows have been fitted throughout the entire property. Upstairs on the second floor, you currently have a large open plan room. This could be maintained as a luxurious living room of 47m² or it could easily be divided up so as to create two or three more bedrooms with a bathroom or two master bedrooms each with their own en-suite bathrooms. The central heating is already connected on this second floor with radiators installed.

There are patio doors on this floor that take you out to a private 21m² balcony terrace at the front of the villa. Then via a second door on the side, there is access to a large open plan terrace of 56m². The current owners had the idea to create a part glazed-in conservatory room on this terrace.

The villa needs to be rendered and painted outside and with some finishing work inside, like the elevator shaft needs to be rendered and lift installed. The current owners are not in a financial position to complete this project, hence their reason to sell. However, this property has been professionally constructed and the owners have invested in quality materials as this was going to be their own family home.

The outside garden space of this property needs to be improved and landscaped as normally is the last part of the project to be completed. The level of investment that is required to bring this large desirable property made into a prestigious villa is relatively low. The return on your investment made to finish this impressive property would be high as once finished this villa would be worth at least 250.000 Euros in today’s property market.

The property is already located on a desirable street and this property represents excellent value for money for a buyer looking for potentially a very profitable development. Azahar Properties would guide you throughout as we have access to skilled builders. We can complete the work to a high standard, thus making this a lovely home for you to live in. This is a very interesting property and a good potential investment.

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