All the latest news from Valencia Property

We are well into Autumn now in Valencia with the colours of the trees turning and giving a verdant and golden backdrop both inside and outside the city and temperatures dropping to give those lovely evenings when you take a jacket out with you just in case as you sit on the outside cafes and terraces. As we mentioned in our Valencia Property market report last week, which you can read at the link, the market continues to be wild and we continue to make sales regardless of the tight supply of properties. And one of the reasons we are making those sales is just because of that tight supply. It's known as the Paradox of choice. If you don't know what it is then let me tell you a story and then apply that to the Valencia property market

Demand almost always dictates price on property of course. Owners sometimes think they dictate market values because they have painted their door a nice shade of blue but we know better. Read on!

We have now fully launched our new project Stepping Stone Rentals where we offer three month rentals for people coming into Valencia as a first step before finding their long term rental, purchase or even as a Schengen Stopover for Digital Nomads. We have written about the new company before here and will continue to mention how it's going in this blog as we move forward. We may also incorporate the rentals into the Valencia Property homepage in the near future. However there is one thing we need to satisfy the demand we are seeing and that is more properties.

The further you get away from Valencia the less likely it is that you will travel into work from your home. That's true most anywhere but traditionally it's especially true in Valencia where people preferred to be as close to their place of work as possible to avoid the need for having a car in the city. But now things are changing...

For people coming into Spain from Northern Europe, the Gulf States and the USA buying a property in Valencia is a great way to find a good place to live at a decent price and still be able to afford a lifestyle when you get here. What you pay for the house though is not your only cost. You also have taxes, costs, commissions and legal fees. We have written before about how it actually works out cheaper to buy a property in Valencia long term despite the upfront costs because the ongoing costs are low

The concept of co-housing or communal living seems to be growing in popularity in Spain but it is a relatively new concept. As we mentioned in our article about "The Community" people in Spain have been living cheek by jowl and cooperating within their buildings for many years but the co-housing movement now takes the traditional community model and extends the concept somewhat. Now though co-housing and communal living is becoming more and more popular in Spain due to various factors. However what we are beginning to see now are projects that are being developed specifically for communal living. Today we are going to look at what these concepts are and what they tend to offer.

I recently wrote an article about the Paradox of Choice, you can see it at the link. In it we talked about there being less choice in the market but that is not necessarily a bad thing. We talked about positive constraints and knowing what you want when you are buying property or, to put it bluntly, anything really. When you are sure about what your requirements are then it is a lot easier to find what you are looking for. However, this is a follow up, this is a warning and it's important when looking for property or anything, sometimes perfect is your enemy because perfect doesn't exist, sometimes good enough is great!

One of the most common questions we get from our potential American clients is whether they should be worried about Spanish taxes as they are so high. It's stated as a fact but misses half the story even if it were true. What is true is that Spanish taxes are more progressive as you get higher. The most pressing question is how much they will have to pay in wealth tax? And the answer is usually, "you won't have to pay anything". This is because despite the fact that most Americans may consider themselves temporarily financially embarrassed millionaires, or even inconvenienced billionaires with cashflow issues, the truth is that the levels at which wealth tax gets levied are quite high for most people, not all though.

In this post we are going to talk about what people ask us to do or to keep doing on our Valencia Property website and blog. The things that people always get in touch with us about and the questions people always ask that we try to satisfy. Why are we doing this? Well of course so you can tell us what you want more of from us, how we can better help you and where we can improve. Some of the things that we do are more or less unique to our agency, we genuinely believe that nobody writes descriptions like we do so consistently and in this post we are going to be showing you some of the latest examples

We publish a lot of properties on our website of all styles, sizes, shapes and prices. We get offered a lot more which we don't publish for a variety of reasons but mostly to do with price or location either being wrong or there not being demand for that type of property. However, we also have a lot of properties that are off market but, well, they are still on sale, sort of... a bit. This is why it is always better to message us with your requirements because you may like the properties we have on the site, after all they are the selection of the best current properties for sale, but we may also have something that suits you down to the ground but it may not be published by us and in this post we will tell you why.

Sometimes when you are looking for a property to buy in Valencia or elsewhere there are certain things you need to know. If you make a mistake it can end up costing you big time in terms of wasted money, wasted time and huge frustration. So today I thought it time to let you know about the biggest mistakes you can make when searching for Valencia Property and what those mistakes can mean for you.

In our last post we told you about all of the things that drive us to distraction working in Valencia Property circles. Today it's time to tell you about the things we adore, love and generally get a warm feeling inside from while doing the same work. I said about the last post when commenting about it on social media "Avoid these and we will get along just fine", this time it's more along the lines of "this is how we want you to make us feel after we have worked or while we are working with you".

Now firstly, before reading this, don't get me wrong. We love what we do at Valencia Property. There is nothing more satisfying than finding the right property for our clients at a great price and helping them to complete and settle into Valencia. However, there are little things that frustrate us, maybe even irritate us and sometimes, yes... there are things that absolutely drive us up the wall. Today, we thought we would have a rant... just so you can have a laugh at our pain, our misfortune, our suffering. And yes, we know we are fortunate to be able to do what we do in such a beautiful place as Valencia and we are not really complaining... Well, maybe just a bit!

Today we are going to talk about what has been happening, what has changed and the surprises that have happened in the first half of 2021 in Valencia Property. Evidently there have been more sales in the first half of the year than there were last year, after all we spent three months of the first half of 2020 in lockdown. Before you read on though just one question to think about, what are you expecting me to say? People have preconceptions about the property markets they are interested in and sometimes those impressions are totally wrong (Sometimes they are spot on). What do you think is happening on the ground in Valencia

Valencia Property will be closed for the whole of August this year. 1st August -31st August 2021 Now, before you go away, this is not exactly true. If you are already booked in and we have confirmed your dates then we will be taking you out as we have said. If not then we just have no more availability for more clients in August. We are full. Fully booked. Stacked to the rafters. And we have to take some holidays. Even if they might be staycations. And we will still be working, read on.

I was asked this question by a future client (We hope) over on Twitter. They wanted to know more about the current market conditions in Valencia after I said that supply was tight, really tight. The questions why, and who is selling came to mind so I thought it was time to have a little answer of those questions for everyone and also look behind the answers at the market and reasons why. As I said supply is tight but it's still possible to find people selling property although summer tightens supply considerably. Meanwhile we will also feature a few of our latest listings and our latest Golden Visa property of the week.

People looking to buy Valencia Property have a few choices, buy land and build, buy something that needs some work or buy the perfect package that is ready to move in. Projects range from a new kitchen and bathroom up to a total rehabilitation, there's also plenty of scope for things that are a sort of halfway house between those two extremes. We have looked into the buyers of Valencia Property over the last few years and can now reveal what people like you are buying and doing.