Villa in Manises, Valencia, Spain 8 bedrooms, 480 sq.m. No. 108269

55 square meters, distributed across 278.75 square meters on the ground floor; 218.90 square meters on the first floor, and 73.90 square meters on the second floor. Additionally, it has auxiliary constructions, including a pool occupying an area of 77.80 square meters and a storage and machinery room occupying 74.95 square meters. The rest of the plot not occupied by the building is designated for recreational and leisure areas, according to data from the Property Registry.
This property has a constructed area according to the land registry of 752 square meters, where the occupation on the floor of the total house is 303 square meters distributed in a kitchen-dining room, pantry, storage room, living room, a full bathroom, a covered porch of 23.90 usable square meters, and a garage of 65.35 usable square meters, plus an annex designated as a paellero, machinery room, pool changing room, and the pool itself of 77.80 square meters of water surface and 89.65 square meters built. This floor is accessed from a landscaped square where vehicles can enter, and on foot from the lower part of the plot. On the first floor, we find five bedrooms and a full bathroom, a master bedroom with a private bathroom; the master bedroom and two other bedrooms have direct access to a terrace that runs along the facade, facing a landscaped square and with views of the mountainous area, plus a large living room adjacent to the hall. This first floor also has an independent access from the upper street of the plot, allowing access to the rest area either from the noble area of the house or at street level. On the second floor, we find a bathroom, and two rooms separated by a large hall with access to an uncovered terrace of 81 square meters with views to the north, south, and east, and the windows of the homes are oriented to the west.

According to the reference value determined by the General Directorate of the Cadastre as a result of the analysis of prices of all real estate transactions carried out before a public notary, based on the cadastral characteristics of each property, it is €573,895.71. (The reference value of a property is one of the economic characteristics of its cadastral description. The reference value will not exceed the market value. To do this, a depreciation factor of approximately -10% will be applied). Therefore, we can affirm that the asking price of this property not only aligns with market values but also represents an excellent investment.
The General Urban Planning Plan of the municipality classifies and qualifies this plot as URBAN LAND FOR SECOND HOMES; the building does not meet the urban planning parameters, and there is no record of urban planning disciplinary proceedings, and any actions for possible urban planning violations have expired since these works were fully completed before August 20, 2010. (For these constructions, any possible urban planning violations expired before the entry into force of the LOTUP - August 20, 2014-). The new owners in this circumstance will generally not be able to carry out works on the buildings that entail an increase in volume, modernization, or imply an increase in their expropriation value; however, they are allowed to carry out the necessary repairs to maintain and preserve the safety, health, and habitability conditions in which the home is delivered, or if they wish, make the necessary interventions in the building to adapt it to the urban parameters established in current regulations, which would nullify the previous condition.