The province of Valencia is located on the Mediterranean coast of Spain. It includes the regional capital of the same name and coastal towns such as Gandia and Cullera, as well as mountainous areas including Requena Utiel. It attracts around 9 million tourists annually, which stimulates the sale of real estate in Valencia for living or investment.
Benefits of Buying Real Estate in Valencia
Buying housing in Valencia means investing in a rapidly developing region. The province ranks 4th in Spain in terms of GDP, and the main buyers in the local property market are expats from Germany, the Netherlands and France.
Advantages of housing in Valencia:
- Climate and nature. With 300 days of sunshine a year, the beaches of the Costa de Valencia have been awarded the Blue Flag as some of the cleanest in the world.
- Affordable prices. The cost of housing in Valencia is €1,709 per sq.m in the province and €2,243 per sq.m in its capital. This is lower than in Madrid (€4,030 per sq.m) or Barcelona (€3,937 per sq.m).
- Investment return. Gross rental income in the city of Valencia reaches 8%, in the districts – up to 11%.
- Transport accessibility. The high-speed AVE train connects Valencia with Madrid, and Manises Airport handles 8.5 million passengers annually.
Housing Prices in Valencia
Real estate prices in Valencia vary by area. The provincial capital has the most expensive areas, with prices ranging from €3,113 to €4,491 per sq.m., while on the outskirts of the city prices are more affordable at €1,781 per sq.m. In coastal towns such as Cullera, prices for apartments by the sea start at €150,000, and villas from €350,000. Resale properties in Gandia are popular with investors: 70 sq.m. apartments in the Playa de Gandía area cost from €120,000 with rental yields of 6–7%. In mountainous areas such as Requena, houses with vineyards are available from €200,000.
Average property prices in Valencia:
| Property type |
Average area (sq.m) |
Average price per sq.m (€) |
Estimated total cost (€) |
| Studio |
40–60 |
900–1800 |
36,000–108,000 |
| Apartment (2 bedrooms) |
70–120 |
1200–3000 |
84,000–360,000 |
| Townhouse |
120–200 |
1500–3500 |
180,000–700,000 |
| Villa |
150–300 |
2000–4500 |
300,000–1,350,000 |
Popular Areas of Valencia for Buying a House
The provincial capital has the most vibrant property market. Flats in historic buildings from 1900 to 1960 cost from €250,000, while in new areas like Ruzafa prices start at €300,000 per 100 sq. m.
Other popular areas:
- Cullera. A coastal town 35 km from Valencia, famous for its castle and beaches. You can buy a house in Valencia here for €180,000.
- Gandia. A large coastal town with 7 km of beaches. Apartments of 80 sq. m cost from €130,000, and spacious villas from €400,000.
- Puçol. A suburb 20 km from Valencia, connected to it by a metro line. Apartments from 100 sq.m in new residential complexes cost approximately €150,000, the price of houses starts from €250,000.
- Requena. Wine region 70 km from Valencia. It has the largest number of resale properties in Valencia, mostly houses with plots for €200,000.
