According to the latest reports from notaries and the property registry the Cabanyal is no longer the hidden jewel it has been for the last few years. People are actually finding it. A report in Las Provincias newspaper lays out the full picture. Over 400 foreign buyers have bought propertyContinue reading
It looks like Valencia will be featured in the Sunday Telegraph next week and the newspaper had a wide range of property to select to feature in the article. Today we look at some of the best looking apartments in the city at a range of prices and give youContinue reading
We are so lucky here but many of us are not here through an accident of birth, through family connections or because life has just happened to us. “Lifestyle Design” is a reality for many of us and this week I will be introducing you to yet another new businessContinue reading
Valencia’s beach to the North of the Port is divided into three areas; the Cabanyal, the Malvarrosa and the Patacona (For purposes of this article we divide it into four). However it really is just one long and very sandy beach with an excellent promenade that you will find people skating, cycling and jogging up and down every day all year round. The beach area is not overdeveloped as great measures have been taken to make sure that there was no massive property development that could spoil the feel of the area. However this has meant that for many years it was ignored. Now things are changing and even the Valencians are starting to appreciate what an underused and excellent asset the city has. To find out why we need to look back at the history of the city.
Sold, sold, sold, sold, sold, sold and a long etcetera.
I go away for a week and a half and all hell breaks loose. If anyone thinks that the Spanish property market is dead then they should have been in Valencia last week. I wasn’t.
What do you say when somebody actually says something to you that is so ridiculous that it defies belief? This is a question that you could ask every day to estate agent as some people seem to think that the property defies the laws of supply and demand, the law of price gravity, legality itself, in fact it just defies any laws at all.
I thought I would do a bit of a whiteboard explanation of where in Valencia City it is good to buy property and why. I put it in black and white because it’s a whiteboard right?
So in the video I explain the difference between Ruzafa and Ensanche, talk about the Cabanyal and Malvarrosa and the bit you need to avoid and also the different central areas of Valencia. I also eviscerate the area around Avenida de Francia… a bit.
You may have noticed a lack of posts in the last few weeks on the blog. This is due to the usual stupor of the Spanish summer and also to me having been on holiday for ten days in France. Anyway I got back and had promised you some pictures from the wildfires that had affected Valencia so I went out the other day and took some on the Altury Estate and around Turis.
It has been over 40 degrees which is very unusual but it looks like it will be ten degrees less tomorrow which is when the practice starts for the Valencia Grand Prix. Who will win this year? Well whoever gets to the first corner first probably 😉 Let’s hope we at least have a Mark Webber moment to liven things up. The point of all this of course is that this is the last year when Valencia will have a Grand Prix every year. In future it will take turns with Barcelona.
However this shouldn’t effect the real estate market in the Cabanyal area of Valencia as it has fallen a long way on the back of broken promises to gentrify the area and extend Blasco Ibañez Avenue down to the beach.
One of the major things that people come over to Spain for is the Spanish lifestyle. What is it that actually constitutes the Spanish lifestyle though? Is it the cafe society of being able to sit outside a bar in a pavement cafe with a “cafe con leche” or a “caña” while watching the World go by and doing some serious people watching? Is it the laid back attitude to life and the constant surprise of yet another local holiday due to the fiesta of some unknown saint in the rest of the country? Is it the chance to relax in the sun or even the ability to go into work every day in the sun giving people a more positive attitude to their work when they get there?
The week may be a bit quiet on the site as again. Just like last week, I have a huge glut of clients. Therefore not much time to put many posts on here giving you the new properties that have been added to the site. Added into this working with “A Place In The Sun”, clients coming over and having to get them the NIE numbers in the new system and a few more media appearances being possible it looks like this week will be a tad busy.
The minister for the economy in Spain, Luis de Guindos, has caused a flutter in the market by insisting that banks need to provision more money and drop the prices on their repossessed properties to clear the stock. You will know what I think of most bank owned properties if you have read this post on their underhand tactics to gain clients with property at unrealistic prices but decent financing terms. However, the unintended (Or maybe even intended if I were to be a bit Machiavellian) consequence of his words has been that many properties on the market have been reduced in price this week.
I placed this article on a note on the Valencia Property Facebook page yesterday but a lot of people have been asking me about it so I thought it might be useful to place it into the blog and see what you think too. Yesterday I was sent some publicity by a bank and took a look. Some of the properties that they were advertising among their repossessed stock were interesting so I phoned up to get to look at one especially. My conversation went like this.
Attics are my personal preference for living in a city in Spain. Luckily for me they are also the preference of my clients looking to buy in the City of Valencia in large part because what people are looking for when they are looking for a flat for sale in Valencia or any other Spanish city is outside space to complement the evident advantages of living on top of everything, the lack of need to have a car, having everything to hand when you need your milk and bread and the ability to get anywhere in the city within a short bus or metro ride.
Valencia is often described as a city made up of a lot of villages. The truth is that is what it really is. Each area has its own centre and many of them have their own history that makes it unique. So in the first of this occasional series I am going to tell you about The Carmen area in Valencia.
Historically the Carmen is the old medieval centre of Valencia.
One of the niche markets in the whole Spanish property market that still holds its value well and actually does very well on sale are attics in the big cities. An attic flat doesn’t necessarily mean that it has sloping ceilings in Spain it just means it has a terrace, usually private. This is the holy grail for city livers in Spain and therefore the demand is always high which means prices maintain themselves.
I had the pleasure of taking photos yesterday at a lovely house in La Eliana and a strange attic in Valencia. There are a couple of pictures here and the rest of them will be up on the Valencia Property page later. Meanwhile some details of the house in La Eliana for sale.
I was with a client yesterday looking for a flat in Valencia and I finally managed to contact the owner of a place that has been looking interesting right by the Central Market in Valencia. I have to say I was rather confused because I had seen it at one price from the owner and then also noticed at a considerably cheaper price through an estate agent. So I phoned up.
Many people talk about the wow factor when they are thinking of buying a property in Spain, or anywhere else for that matter. What constitutes the wow factor though? I think you need a few examples.
Firstly, it is views that count. I have attached a couple of photos of a property for sale in Gilet and a property for sale in Olocau. Both get the wow factor for the views and both have made the best use of them by incorporating lot of glass into the design so that your eyes are constantly drawn to the views. The house in Gilet sees the sun come up over the Mediterranean actually giving you a good reason to get up before dawn.
Last week I didn’t post on here but I did post a lot on www.facebook.com/ValenciaProperty and on Twitter and other places where you might want to keep an eye out as that is where things go first. Meanwhile I was showing properties like the following to clients last week and having to deal with banks and valuations left, right and centre. Take a look and see what you think.