Valencia Property

The Development of the Property Market in Valencia

As a company we have been around for over 20 years now. We have seen trends come and go, a financial crisis or two, people move to Valencia and move out, Valencia become the favourite destination for the international crowd and even a little known pandemic called Covid19.

Valencia Property started in the very early 2000s and when we set up the company with a snazzy looking website, everybody who came to look at property in Valencia wanted a villa with its own pool, garden, garage etc… We couldn’t have given away apartments in Valencia to tell the truth because that wasn’t what people wanted at the time.

Mortgages in Valencia, Valencia Property

The Full Process of Getting a Mortgage in Spain

We have been asked many times about the process of getting a mortgage in Spain. Whether that is in regard to Valencia or any other parts of Spain it’s essentially a standard process. However, it may not be like the process of applying for and getting a mortgage in other countries so today we are looking at the process of getting a Spanish mortgage from start to finish.

Valencia Property

The Independence of Valencia

One of the things that surprises people on coming to Valencia is the variety of shops, cafes, restaurants and the rest. Only yesterday a client commented that it was so refreshing to not come upon a Starbucks on every corner. I had to admit there are four or five but told her that one had closed down because nobody ever went there. Years ago I remember a friend’s daughter being so excited that a Starbucks was going to open in Valencia because… well she couldn’t explain why exactly… it was just it was something different. She wasn’t even a coffee drinker.

Valencia Property

Who Is Buying Valencia Property in 2021?

If you believe everything you read on Facebook and other social media I’d say you had recently had a lobotomy or at least you would be on your way to one, but there does seem to be an expectation on social media totally divorced from reality. Newbies to the Valencia Property world seem to think that they will get 20, 30 and even 40% off the asking prices of Valencia Property just because they make an offer. Allow me to disabuse them of that notion with a simple question, “Is that happening where you are from?” Because if it isn’t why on Earth would it be happening here?

Valencia Property

Renting or Buying Property in Valencia?

After receiving a few enquiries about whether it’s better to rent or buy a property in Valencia I thought it time to put together a post comparing the two options in terms of costs and what your “get out position” is at the end. Obviously there are other considerations apart from monetary costs but we will focus here on the costs and then look at those other considerations at the end.

We are going to go with a similar property in both cases and look at five, ten and twenty year horizons. For the numbers we are going to use an example from last week where the client took on a mortgage at a fixed rate over 20 years.

Valencia Property

Ten Reasons To Love Ruzafa in Valencia (Still)

Described by many as Valencia’s bohemian heart, by others as Valencia’s Soho and by East Coast Americans as Valencia’s Greenwich village, Ruzafa has long been on our radar as a great place to live due to its proximity to the centre of Valencia, the vibe of the area and the classical facades amongst other reasons. However there are others who describe it as overhyped, too noisy and a bit grotty. Of course the truth lies somewhere in between but on a scale you would get closer to the former descriptions rather than the latter. Today we are going to explore some of those reasons.

Lifestyle In Spain

Getting to Know The Community

We have been asked to explain a bit more about the “Community”. The majority of people in Spain live in apartments and if you want to join them then you need to get used to the idea of “The Community” (Homeowners’ Association in the States). Today we look at what the community is, what it does and what issues you may have with the people you live with. This is not just for people buying apartments though, oftentimes you will find that there are community costs with houses which we shall also look at.

Lifestyle In Spain, Valencia Property

Covid19 A Year On. What We Didn’t Know

This time last year we were well into the first week of our severe lockdown. The Fallas fiestas had been cancelled on the 10th of March after quite a few Mascletas had already happened, Levante had played their last home game on the 8th of March with 3000 fewer fans than normal, many choosing to avoid the match due to fears about the new virus and on the 14th of March the Spanish government ordered lockdown… and it started to rain in Valencia…

Valencia Property

The Valencia Property Market Has Gone Mad

I wrote something on Facebook last night about what is happening in the Valencia Property market and I promised to expand on why I think this is happening.

Let’s get the caveats out of the way. We are sure to be called liars and typical agents talking up the market and stuff but, as Rafa Benitez once said, here are some facts:

Today we tried to arrange some visits for a client for Friday. Out of the ten properties we wanted to see five have sold in the last week. All have deposits left on them and mostly at asking price!

Valencia Property

Your Agent Is Not Your Enemy

I was encouraged to write this article as a result of a few interactions recently by our agents. In the body of the article I will detail what happened and how this makes it more difficult for us, and indeed you, to find your ideal Valencia Property. Firstly though let’s lay out the ground rules for this post.

The vast majority of people looking to buy Valencia Property work hand in hand with us, sharing interesting properties, their thoughts on each property they see and they give us their wishlist, allowing us to trim down potential properties that will suit their needs so they only see the best.

Valencia Property

When You Get Enquiries You Don’t Want

We have our own website which we keep up to date at all times of course. As soon as a deposit is left on a property we mark it as under offer or sold and then once the final signing comes we take it off the site.

Unfortunately, the property portals are not as quick as us. They use a system of feeds taken from individual websites which show properties and we pay for the privilege of putting our properties on their sites because in theory they have greater reach and we should get more enquiries

Valencia Property

Can I Buy Spanish Property Online?

One question we get asked often is do I have to be in Valencia (Or Spain) to buy a property? Many people, especially investors, want to buy their property now but for various reasons (travel restrictions, Covid, timing, work) they cannot get here right away. This week we even had a client who asked if the owner could wait until September to start the process to purchase a property they wanted to buy because that will likely be the first time they are able to visit. Of course the answer was “No!”

Valencia Property

International and Bilingual Schools in Valencia

This is a very difficult post to write for various reasons but as the question comes up so often on all social media platforms it’s an important one to know if you are planning on moving to Valencia with children. What are the schools like in Valencia? The first thing to recognise is that any move to Valencia with kids will not be successful if you are not happy with the education of them.

Valencia Property

Droning On About Valencia

The answer to the question “Why are you always droning on about Valencia?” is self evident. There’s a lot to write about, it’s a great place to write about and we actually enjoy it. Whether the droning on is on our instagram page with great images of houses and places in Valencia, making videos for our Youtube page, updating our Facebook page without fomenting a potential revolution and storming of the Capitol building, making walkthrough and flyaround videos of properties for our potential clients like the one below or just writing stuff like this post on the blog.

Valencia Property

Luxury Lockdown Properties in Valencia

After writing a few days ago about lockdown properties in Valencia for all price ranges and starting with the 50-300k brackets, today we are looking at your options for lockdown properties at higher price ranges. We are going to start just under the 300k threshold as an owner has just sent us some lovely new photos of his place in Serra and then we will move onto higher price ranges and show you what your money can buy for you both inside and outside the city.

Valencia Property

Lockdown Properties in Valencia For All Price Ranges

Covid19 is a pain in the butt. There I’ve said it. There are more restrictions in place in Valencia right now but as far as we understand it we can still show properties at least as I write this. We are being ultra careful with the way we show properties: Social Distancing, hand sanitizer, multiple cars, windows open etc… where possible but the process of buying continues to work.

Valencia Property

Valencia Gets Great Publicity

Valencia gets great publicity without really trying. That’s because it’s a great place to live (Have we mentioned this before? Maybe once or twice right?) The last few weeks have seen even more great publicity for Valencia but remember “shhhh! we are trying to keep it quiet.” Anyway, let’s look at some of that excellent recent Valencia publicity.

Valencia Property

News, Mortgages and the Latest Valencia Properties

We completed our first sale of the year today at the notary and also took a client to a second visit of a property they are very interested in up in Naquera. This week has also included the acceptance of an offer for a place in Valencia City for our highest ever sale price in the city.

We currently have three sets of clients here looking for the Spanish Golden Visa and their ticket into the Schengen area through purchase of property in Spain, one American couple, one Australian and our first British clients taking this route to maintain their freedom of movement (They didn’t previously need it of course)