A Place in the Sun

Hot Properties in Valencia

Where to find a property for sale in Valencia

The province of Valencia takes up a large chunk of Spain’s beautiful Mediterranean coastline. Spanning from Torrevieja in the south through the Costa Blanca and the Orange Blossom Coast and up to Catalonia, it is one of the two most popular regions for British buyers, along with Andalusia.

At its heart sits Valencia city, a vibrant hub that lives in the shade of Barcelona and Madrid, yet is beginning to be discovered by buyers and investors alike. Spain’s third largest city enjoys arguably enjoys the best climate of the three, so it’s about time too, especially when it’s the most affordable.

But first, the area that sits around it has been popular for a long time - and for good reason. To the south of it sit areas that have attracted expats for some years - especially Oliva and Gandia just north of the Costa Blanca. Traditional towns, they remain rather more authentic than resorts further south and you can find a good choice of property - for example in Gandia villas for €150,000 to €250,000.

North of Valencia city is the Costa del Azahar, a string of resorts with Castellon de la Plana the largest, yet Vinaros, Peniscola and Benicassim are also well known - the latter for its beaches but especially annual music festival in July that is now the country’s largest. As lovely as its moniker the “Orange Blossom Voast” suggests, these resorts just don’t seem to have the same pull as the more easily accessed and amenitised Alicante area.

But the city of Valencia is definitely on the up. The birthplace of paella has great bars, restaurants, lively fiestas, culture (the Museum of Fine Art for one) and is the Spanish home of Formula One. It’s an attractive option for those who seek a city alternative to the resort culture of the Costas.

Buyers can choose between access via Valencia airport very close by or Alicante, which is less than two hours away. There are British owners who commute to and from the city back to the UK to enjoy the best of both worlds.

Properties in demand vary from renovated city centre apartments (with high ceilings and elegant period features) to new-build condo projects and the Art Nouveau fishermen’s area of El Cabanyal. Ruzafa is the trendy central district (find newly renovated apartments from around €150,000) whilst those in need of a complete refurb can be bought for around €100,000.

The beachfront area is perhaps the most exciting - and the beaches are good - Malvarrosa is the main city beach but there’s also Patacona beach with modern residential complexes offering apartments from €200,000. Outside the city, Lliria, Xativa and Alberic are popular rural outposts within commuting distance.

Whether Valencia will become the “new Barcelona” is yet to be seen, but it’s a great time to buy into this modern and exciting city, or the areas around it.