Welcome to the second part of our study of the areas in and around the city that you should be thinking of in each price range when looking to buy property Valencia. Today we are looking at prices from 300k up to and above 1 million Euros. Remember that last week we looked into the lower price ranges and you can see that post here. We also introduce our latest revamped podcast where we have a discussion about what could possibly go wrong in your Valencia Property purchase and start our new series Valencia Stories with a cautionary tale.
One of the questions that we are always asked is where is the best place to buy a property in Valencia? This is true for those wanting a city apartment or a property in the suburbs and as always our answer is "Well, it depends". And the two big deciding factors in this are "What is Your Budget? and "What are you looking for?" Because while it may be true that the most popular areas of Valencia include Ruzafa, Ensanche and the Cabanyal it's also true that prices are higher there than in other areas so your budget may not allow you to buy there depending on your requirements. Outside the city the same is true, the best known towns such as L'Eliana, Ribarroja, Betera and the like are often outside the budgets of many people so what we try to find for people are other suitable and excellent options.
We have been working in so many ways with clients over the last few years and have written previously about all of the services that we offer but we think that a lot of things are getting lost as there is just so much information on our blog and main page that we thought it was time to bring it all together in one post. A quarter of a century of experience in the Valencia Property market is difficult to distil down into a single blog post and service offers but we have tried here to make the best use of our time and also to give the best service possible to our clients.
Recently on our consultation calls I have been asked one question above all others and that is "Have the interest rate rises affected the market?" This question is coming from all over the World because it seems that they have affected many property markets and slowed markets down in North America, Northern Europe, especially the UK, and other areas. However, the situation here is somewhat different due to the nature of the demand and what is happening with mortgages at the moment. So today I thought we could look at what is happening with the market for mortgages to give you the latest situation.
I spend a lot of my time online telling people "We have a blog post about that" And that's because we get asked the same questions over and over and we use those questions as the basis for blog posts. However, at times we get questions that floor us, not because we don't know the answer but because, well... just because. Now you dear reader haven't got a single stupid question in your head, we know that and respect you for it. But we also know that despite the fact that you wouldn't ask a stupid question that there are others in the World who might and it seems that many of those people inhabit the nether regions of Facebook or they just send me a whatsapp out of the blue and say something like, "Does Spain have debit cards?" or "Have you ever seen this product in Spain as I am thinking of moving there and want to import them?" or "Does your website require our SEO services?" (Whoops that last one is just the constant stream of spam) The answers of course are yes, no and not from you.
Before we start let's get this clear. The reason we are encouraging people to buy property to rent out is to bring more rental properties onto the market and help to sort out the rental crisis in Valencia. This has been put into sharp focus in the last week with the news that the number of properties available to rent has gone down by over 40% this year alone and this is after falls in the last two years meaning that in some areas there are now up to 80% fewer available properties to rent than a few years ago pre-pandemic. The knock-on effects of this are manifold but suffice to say price rises due to lack of supply, difficulties in finding suitable and affordable accommodation for locals, students and incomers and pressures on current tenants coming up to the end of their contracts are among them.
Valencia is the hidden jewel of the Mediterranean. A compact city of almost 1 million people Valencia has a stunning architectural mix of the old and modern...
Property for sale in La Eliana is most sought after as Valencians aspire to live in La Eliana. It is a lovely little town set just 18km away from Valencia city on the CV35...
Naquera is a pretty mountain village in the Sierra Calderona with excellent sporting facilities or mountain activities. It is a hub for cyclists, mountain climbers, quad bikers and hikers...
La Pobla de Vallbona is the place I call home and have done for 20 years now...
Serra is divided in two, the town and the large Portacoeli estate. The town is a mountain village very near to Naquera but higher...
Get the best rates on your currency transfer into Spain. Currencies Direct, our local partner with an office in Valencia so you can actually speak to a broker, give you hugely competitive quotes to make sure you get the most Euros possible into your account in Spain. Click through to get a quote.
If you have been in touch with us before you will know that we always ask for one thing above all others, if you haven’t then below is what you need to do. Whether we start our contacts with an email, a Whatsapp message, a video call or even an old fashioned phone call we always ask clients “Tell us your wish list“.
We keep getting more and more requests to help people with their purchase of Valencia Property. There has been a large uptick in requests in the last few weeks since we published our articles about the rental crisis in Valencia and the new digital nomad visa in Spain. It's really gratifying to see so many people trusting us with their most important purchase in Spain.