Apartment for Sale in San Giovanni Valdarno

95 sqm apartment for sale in San Giovanni Valdarno, located on the first raised floor with an independent entrance. Currently leased with a 6+6 contract, suitable for investment. Needs internal renovation. General Description: We offer for sale a 95 sqm apartment located in a bifamily Liberty building, on the first raised floor with an independent entrance. The property is centrally located, close to all services, and is composed of four spacious rooms in addition to an entrance room, hallway, storage, and bathroom. While the apartment is in habitable condition, it requires internal renovation. Currently, the property is leased with a 6+6 contract, providing a good rental income, making it an excellent investment opportunity. Interior Description: The apartment consists of a large entrance room that separates the main living areas and provides access to the other rooms. The living room and bedrooms are spacious and well-distributed but need renovation to modernize the spaces. The kitchen is habitable and well-positioned within the apartment. The bathroom is functional, but it would benefit from some updates. The storage room provides extra space for storage. The apartment’s independent entrance ensures privacy and easy access. Exterior Description: The property is located on the first raised floor, in a central location, with easy access to services. The independent entrance ensures privacy and convenience. The building is well-maintained, and the exterior retains its original charm, typical of Liberty-style architecture. The apartment is ideal for those who want to live in a central area with easy access to all amenities. Main Features: Living area: 95 sqm Rooms: 4 Bedrooms: 3 Bathrooms: 1 Kitchen: Habitable Heating: Autonomous Condition: Habitable, requires renovation Rental Income: Yes (6+6 contract) Utility Details: The apartment is equipped with autonomous heating, providing independent control of consumption. The utilities are functional, but the property needs renovation to update the electrical and plumbing systems according to modern standards. Uses and Potential: This apartment is ideal for investors due to the good rental income from the current 6+6 lease. The apartment’s layout allows for a renovation that could enhance its value and increase its rental potential. The location and the possibility of modernization make it an attractive option for those looking to invest in a central area property with potential for appreciation. Local Market Analysis: Market Values for the San Giovanni Valdarno Area: Value per Square Meter for Apartments: The average value per square meter for apartments in San Giovanni Valdarno generally ranges from €1,500 to €2,500 per sqm, depending on the property’s condition, size, and location. Properties in central locations like this apartment are particularly valued due to the convenience of proximity to services and transportation. Rental Properties and Investment Potential: The demand for rental properties in San Giovanni Valdarno is high, particularly for properties with independent entrances and good rental potential. The 6+6 lease contract provides steady rental income, making the property highly attractive for investors. The potential for internal renovation also adds value, with modernized apartments in central areas generally renting for higher prices. Renovation Potential: Properties that require renovation typically have a lower initial purchase price, but the renovation potential is what drives their future value. Renovated apartments in the area can see an increase in value of 10% to 20% after modernization, depending on the scope of work done. Investment in Central Areas: San Giovanni Valdarno is an increasingly popular location for investment, due to its proximity to larger cities like Florence and Arezzo. The demand for both residential and commercial properties in the center is expected to grow, making this apartment an attractive investment opportunity. Market Trends: The real estate market in San Giovanni Valdarno is witnessing growth, especially in central locations where there is demand for affordable apartments that can be renovated for residential or rental purposes. The market is becoming more attractive to investors due to its proximity to key Tuscan cities and the opportunities for property value appreciation after renovation. Tourist and Historical Information: San Giovanni Valdarno is a charming town in the Valdarno region, rich in history and tradition. The historic center is well-preserved, with medieval architecture and picturesque squares. The area is also known for its natural beauty, with proximity to the Arno River and the Tuscan hills. The town is well-connected to Florence and other Tuscan cities, making it an excellent starting point for exploring the region. The Valdarno area is also famous for its wine production and agricultural traditions, offering a true taste of Tuscan life. Distances: San Giovanni Valdarno center: 0 km Train station: 1 km Florence: 40 km Arezzo: 30 km Siena: 60 km A1 Highway: 10 km Supermarket: 1 km Primary school: 0.5 km Public park: 1 km