Looking to buy a property in Spain and unsure where to start your search? Discover Valencia, Spain’s third-largest city and a popular destination for international property buyers in Spain.

Nestled on the east coast of Spain and on the banks of the River Turia, Valencia is a beautiful coastal city. In 2023, a Which? survey asked more than 3,500 people to rate their experiences of coastal cities across Europe and, unsurprisingly to all who know it, Valencia came out on top!

The city scored a fantastic 91% out of 100 which special emphasis on its beaches and excellent value for money.

 

What’s the weather like?

Valencia has an average annual temperature of 23°C – which, for those in the UK is basically the height of British summer! The cooler seasons last around four months in Valencia usually spanning from the end of November to mid-March. Rainfall remains moderate and temperatures remain around 19°C. January is the coldest month for Valencians, as the weather experiences a chilly start to the year, by Spanish standards at least. Average January temperatures are around 16-17°C. Spring is temperate and summer starts in June. Summer in Valencia are hot and dry, so make sure you pack your suncream!

 

Living in Valencia

Valencia is known for its relatively affordable cost of living, especially when compared to other major Spanish cities like Madrid and Barcelona. According to Numbeo, the average monthly living costs for a family of four is estimated to be around €2,441 (£2,060) before rent or mortgage costs. A single person could expect to approximately €695 (£586) before rent/mortgage. Dining out at a mid-range restaurant may cost around €50 for two people and a cappuccino is priced at about €2.04, more than twice as cheap as the €4.32 you’d pay in London and €4.08 in Paris.

 

Property in Valencia

If you’re looking for a place to call your own, where you can enjoy warm weather and be within walking distance of the beach, you’ll be spoilt for choice in Valencia. The city has a diverse property market, with homes that range from traditional Spanish villas to modern apartments. The city’s property styles are a testament to its rich history. Buyers can find classic properties in the Ciutat Vella or Old Town, where the designs are characterised by their historical features and proximity to landmarks. In contrast, neighbourhoods like L’Eixample and Russafa offer more contemporary living spaces, with modern amenities and stylish designs.

Download your free copy of the Buying in Spain guide for expert tips and an outline of the process

 

Average property prices

Valencia’s real estate market presents opportunities for a variety of property budgets. In the city, apartments are typically more expensive per square metre than houses. If it’s a Spanish villa you’re after, you can find properties in prime locations just outside the city for around €300,000. If you’re looking for a bargain, prices in rural Valencia start from as little as €50,000 but the property will likely need renovating to become liveable. Oliva is a golfer’s paradise and offers a range of resort-style properties in gated communities, apartments from €120,000 and villas from €200,000.

It’s worth noting there’s also a Valencia province, but these prices are specific to the city of Valencia

Overview

For international buyers, Valencia not only promises a high quality of life but also a solid investment in a city that continues to grow and attract global interest. With its mix of affordability, style and historic attractions, Valencia stands out as a top choice for those looking to purchase property abroad.

Browse properties in Valencia on Rightmove Overseas today

 

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 Written by PropertyGuides for Rightmove