Located in the peaceful town of Favara, in the heart of Ribera Baixa (Valencia), this magnificent chalet offers the perfect combination of space, versatility, and proximity to the coast — just 7 minutes by car from the beaches of Cullera and less than 45 minutes from Valencia city. Well connected and close to all essential services and shops.
The property sits on a plot of approximately 640 m² and offers 500 m² built and 430 m² usable space, distributed across three floors, offering multiple possibilities both as a family home and for those looking to start a business or generate rental income.
On the ground floor, there is a spacious commercial premises currently in operation, ideal for running your own business or as an investment with guaranteed returns.
The main floor houses the fully furnished family home, featuring three bedrooms, two full bathrooms, a fully equipped kitchen, a cozy living-dining room, and a glazed terrace ideal for year-round use.
The upper floor boasts a generous 75 m² attic, currently used as a gym and leisure area, with a full bathroom and the potential to convert it into an independent apartment or multifunctional space.
Additionally, the property offers a large outdoor terrace of over 200 m² — perfect for enjoying the Mediterranean climate, setting up a chill-out area, or even installing a pool.
A spacious, bright home with multiple uses and in excellent condition — ready to move in and enjoy from day one.
Price without commercial premises: €273,000
Villa in Favara, area Carretera
Sold by Inmoblasco
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Ref.: 12351
Many buyers will need financing, and the most common way to buy a home is mortgage financing.
General conditions
At the present time, the most common thing is for banks to finance up to 80% of the purchase for a first home, 70% for a second home and 60% for premises and commercial properties. Therefore, the buyer must have 20%, 30% or 40%, depending on the case, of the purchase price, to which must be added the amount for the payment of taxes, notary, registration, etc.
Mortgage simulator
In the following calculator you can estimate the monthly payment of mortgage financing.
Documentation required for the feasibility study
For a mortgage feasibility study, entities usually require employment contracts, latest salary, latest income and information on properties and current loans, if any.
Foreign buyers must obtain the necessary documentation to be able to purchase the property
The requirements are:
Europeans can get the NIE both in Spain, at the offices designated for it, and at the Spanish consulates in the union.
Non-Europeans will need to get the TIE equivalent.
A forecast of 30 to 45 days is recommended since there are periods in which appointments for the NIE are assigned for 3-4 weeks.
On the other hand, foreign clients can also opt for mortgage financing. You can consult us to get the study of different mortgage offers.