Why Valencia, Spain, is a hotbed for Overseas Property Investment

Posted by admin 06/02/2022 0 Comment(s)

Valencia is Spain's third-largest city and has a year-round environment ideal for foreign homebuyers just two hours from the UK.

 

The location and surroundings

Valencia may be found on the eastern coast of Spain, near the mouth of the Turia River, on the Mediterranean Sea. As a result, the city's beaches are long and sandy, and the water is warm, reaching as high as 26 degrees in the summer.

 

Thanks to its strategic location, you can be in Barcelona in three hours and Madrid in an hour and a half from Valencia. The Balearic Islands are also accessible by frequent ferry service from the city.

 

Valencia is home to Europe's largest urban park, located in the city. On the former channel of the Turia River, the 8-kilometre long Turia Gardens park has been created. In 1957, severe floods forced the river to veer and the riverbeds to dry up, resulting in the park's creation. There are facilities at the park for nearly every activity imaginable, making it a popular gathering place for athletes and non-athletes alike.

 

Purchase hotspots

Valencia is a city that caters to everyone, making it a popular choice for foreign purchasers. Retirees love the beautiful weather, healthy lifestyle, and low cost of living. Because of their closeness to the seaside, Patacona and El-Cabanal are popular choices for retired purchasers. Port Saplaya, Valencia's "Little Venice," is another attractive spot just north of the city. Or perhaps one of the Calderona Mountain foothill communities like Betera, Lliria, or Olocau will do.

 

Valencia is also a popular destination for young professionals, notably "digital nomads" who work from home and telecommute. The city's fast Wi-Fi, laid-back atmosphere, and low-cost housing in the outskirts make it an attractive option for these folks.

 

El Carmen, Ruzafa, Benimaclet, El-Cabanyal, and Patraix are popular destinations for young professionals living in the Valencia region. The pubs, restaurants, and co-working spaces in Ruzafa are 'cool'. Every night of the week, Benimaclet features live music, and it's a terrific place to meet new people.

 

There are variety of homes to choose from in the Southern Valencia region if you're willing to go out of the city. However, some only plan on coming to the city to spend time with family and friends throughout the holidays. Renting out their properties as AirBnBs is a popular option for vacation homeowners who purchase in popular tourist areas like El Carmen, Ruzafa, or Canovas.

 

The way of life

Valencians love its sports. Active expats will love the city's central football stadium, as well as its sprawling urban park and miles of bike lanes. Even if things are hectic, the general pace of life is extremely laid-back.

 

Another important perk of relocating to Valencia is the great weather. Warm, dry weather characterises winters here in the pacific northwest. As if they were British summers, they are so similar! Even in the hottest months, the city enjoys 2,660 hours of sunlight, temperatures from 22 to 30 degrees Fahrenheit.

 

Valencia is the cultural capital of Spain. If you're looking for a the best location to learn Spanish, this is it. Bars, restaurants, and coffee shops abound. Valencia is a great place to eat, whether you're looking for exquisite cuisine or something a little more unusual. And if you're a lover of Paella, then Valencia is the place to go — after all, it is the origin of this world-famous Spanish cuisine!

 

Property

Valencia is one of the most affordable cities in Spain, with an apartment in the city centre costing roughly 86 percent less than in Madrid. Additionally, Valencia's utility costs are around 17% less expensive.

 

Most if the houses in the city are, in fact, apartments. Apartments that are larger and more up-to-date might cost more than €300,000. Near the popular El-Cabanyal neighbourhood, two-bedroom flats are available for under €100,000.

 

Bétera and Guadassuar are two places where you can find three-bedroom homes for less than €300,000; in Lliria, the price is considerably lower, with three-bedroom houses costing between €100,000 and €160,000.

 

We're on our way!

Thanks to regular low-cost flights from the United Kingdom, getting to Valencia is a breeze. You can fly from as low as £30 round-trip with Easyjet and Ryanair into Valencia Airport. The duration of flight is about 2 hours and 20 minutes to complete.

 

You may also take a train from any of Spain's main cities. Two hours from Madrid and Alicante, or three hours from Barcelona, would be the quickest way to get there.

 

Contact us today to buy or sell property in Spain fast

Contact Us

* NAME

* CONTACT NUMBER

* EMAIL ADDRESS

* PROPERTY DETAILS

* PROPERTY COUNTRY