Valencia Property Blog

Welcome to the last main blog post of the year. Next week there may be a post but as we are on holiday there may not be. Today we are going to look back on the last year in Valencia Property and look forward to what you can expect in Valencia's housing market in 2026. We are not going to say these are predictions for 2026 exactly but this is what we are seeing looking at the current situation and what has happened in 2025. So let's go.

Sales

As I mentioned various times throughout the year here on the blog we were looking at a record year for sales once again and that is how it's turned out in the end. We went over our numbers of sales for last year in November and, as you know if you are a regular reader of the blog, 2025 was a record year. We haven't doubled sales of course, as that would probably mean getting no sleep all year, but we have increased sales volume by around 20% compared with 2025. The market as a whole has also seen an almost record number of transactions only beaten by two years in the mid noughties.

The Market

The market remained tight throughout the year with a decreasing number of properties for sale until the late autumn when a slight upturn occurred. Anecdotally there seem to be some multi-property owners selling units to either free up capital or because of impending government regulations and we are seeing some units previously used for Airbnb come onto the market as owners get tired of the treadmill of constant check-ins and issues.

Nationalities

Valencia continues to attract foreigners into the city to buy and live here. The most common nationalities of buyers are Italians, Romanians, Ukrainians and French. For us here at Valencia Property we deal with English speaking nationalities much more and our sales look very different with Americans leading the way followed by the Dutch and British. In fact 50% of our sales this year have been to clients from the USA. When you add the UK and the Netherlands into that we get up to around 75% leaving the other 25% from 13 other nationalities including, of course, the Spanish.

Properties

Once again the majority of the properties sold have been apartments in the city but this year they comprise just 65% of our sales. The other 35% are made up of sales in other towns of course and mostly are for villas with L'Eliana, which is the most popular by far, with Ribarroja, Denia and Alboraya competing for the next places. We have made some sales for apartments in towns surrounding Valencia but the majority of sales outside of the city have been villas as usual with the odd townhouse.

Prices

Our average sale price this year at Valencia Property has increased by just 5%. The ending of the Golden Visa at the start of April may have had some influence here as lots of people bought in 2024 just over the 500k barrier and once the GV was gone they didn't need to reach that level.

In the market as a whole prices have increased by between 12-18%, depending on where you take your figures from, and bearing in mind that these are estimations based on the first 11 months, with December's figures still to come in. We can see from our sales that people transitioned from the Golden Visa (GV) to the Non-Lucrative visa (NLV) and Digital Nomad Visa (DNV) in 2025.

Mortgages

We have been seeing more people getting mortgages in 2025 as interest rates fell after a bit of a spike in 2023-24. Equally as prices have risen people are choosing to finance property purchases to get what they want rather than buy something which doesn't quite tick the boxes but they wouldn't need finance for.

Looking Forward to 2026

It's always dangerous to make predictions but what follows is what we see as likely to happen in the property market in 2026 based on current trends, market conditions and political situations.

The Market Situation

We expect the market to remain strong as Spain continues to be attractive both in terms of lifestyle and all of the other factors we often talk about on these pages. However, we expect to see a lowering of transaction volumes as prices continue to rise which effectively prices more people out of the market at certain levels.

Mortgages

We expect an uptick of people asking for mortgages to fund their purchases at these higher price levels especially considering that interest rates are expected to remain low throughout the year due to higher than expected EU growth rates and banks continue to compete to get clients. Low rates encourage people to get a mortgage of course and as virtually all mortgages in Spain are now at fixed rates for the life of the mortgage this means people can plan into the future with low rates.

Availability of Properties

We do not expect to see any huge increase in available properties for sale in 2026. There is no huge increase in construction levels currently and even if there were this would only come onto the market in 2027 and beyond. Equally, licences also take time so we cannot foresee a glut of new properties coming onto the market.

Any new government regulations that arrive may slightly increase the numbers of properties for sale as people pull out of renting in various forms but as interest rates remain low, returns from rentals are above bank deposits and many other safe investments such as government bonds. We therefore don't expect a rush away from investment in bricks and mortar in Spain any time soon.

Prices

Most market analysts are predicting price rises for 2026 of higher single figures, the BBVA bank for example says rises of around 7%. This would suggest a slowdown of rises from the double digit figures seen for the last few years. However, the last few years have seen predictions roughly in line with this every year and actual price rises outpaced those predictions every year. Unless there are major changes in the supply and demand curves we don't see analysts getting it too wrong this year but if they do get it wrong it'll probably be to the upside.

Anyway, that's what we foresee. I'd like to hear what you think too if you have anything interesting to add. Just mail us with what you think and we can add your thoughts in. (Not interested in trolls talking sh*te so don't bother if you are a cellar dwelling incel).

Penthouse of the Week 799K

We don't need to overdo this description, the property speaks for itself. An excellent penthouse apartment that ticks boxes that will appear on many people's 'must-haves', such as :-.

On the riverbed
Corner property
Top floor
Large roof terrace (100m2)
New build (2023)
Open kitchen-living area
3 bedrooms
2 and a half baths
Parking space option (in the same building)

A great modern apartment in a great modern part of Valencia. We really don't need to go on. Come and see it for yourself

(more photos coming soon)

Stepping Stone Rental of the Week

Among the Palaces. We are delighted with this exceptionally beautiful flat that has just become available. Located on the third floor of a building dating from 1830. The location of the flat is truly unique, right in the heart of the old town. From one of the two balconies, you can see the Torres de Serrano, and the other balcony overlooks the oldest tower in the city. When you step out your apartment, you are moments away from Turia Park. The flat is located on a corner, it is very light and you have no neighbours above. It is completely renovated, but owners have preserved the original details as much as possible - giving the apartment a mix of old and new. Two large bedrooms, one with a double bed, and the other furnished as a workspace with a sofa bed. There is a bright and high ceilinged living room and separate kitchen. The bathroom has a large walk-in shower.

High quality finish, stylish decoration, and everything has been thought of. All you have to do is put down your suitcase and start immersing yourself in vibrant Spanish life.

If You Liked This...

Then of course click on the images below to be taken to more excellent content and information.

Cabanyal Apartment 450K

142m² on the 7th floor (with a lift, naturally). Three bedrooms. Direct sea views. Nobody above you. Nobody overlooking you. Just light, space, and that cooling Mediterranean breeze that makes Valencia summers actually bearable.

This is proper Cabanyal – the neighbourhood Americans and Brits are finally cottoning onto, but many locals have loved for generations. Ten minutes' walk to Las Arenas beach. Right by the Cabanyal Market, which means proper shopping, not supermarket nonsense.