All the latest news from Valencia Property

The Spanish Golden Visa for non EU citizens has brought many people into Spain from all parts of the World to enjoy free movement around the Schengen area, security for their families and an excellent quality of life in a safe and accommodating country. All around Spain people have been buying up places to live so they can enjoy the rights that a Golden Visa gives them. We have sold many properties to clients as part of a portfolio so they can get the Golden Visa but it is much more common for clients to buy a single property over the threshold of 500k and use that as their base for exploring the rest of Europe

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!"

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.

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.

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 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.

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)

For what is maybe our final post of the year we thought it was time to look back at what was learnt in 2020, a different year of course, the year of Covid and Brexit, what many people have called the worst year ever. However, in terms of Valencia and its property market the year wasn't too bad. In short the market continued, it adapted and working methods changed.

It has been a slow start to 2021 in Valencia. This always happens due to Kings Day on the 6th January (Epiphany) but this year it has seemed slower. We were due to have a signing today, 8th January, but it has been put off until next week as the bank sent the papers for the mortgage to the wrong notary (Spain happens) and then the regional government put in place new restrictions on movement including some towns completely shut down, see below, and then the weather decided to go really bad and maybe we will get some snow, Requena already has some!

Today we are starting a new weekly series in the blog featuring Golden Visa Properties, both houses and apartments. Every week we will feature a new property that you can get for over 500k to get your Golden Visa for Spain. Some weeks we will put together a portfolio instead for those who want to live in one place and have income from other properties in and around Valencia as you can buy various properties to satisfy the Golden Visa criteria.

Bare brick walls, open plan spaces, glass floored walkways to enter the property, Palace conversions and that perfect terrace with endless views over the city. It's everyone's dream Valencia bolthole. However, properties like this don't come cheap and more importantly are like the proverbial hens' teeth, difficult to find.

Valencia is a great city with so much to offer that many people decide it has to be Valencia and nothing outside will work for them. Some of those people drill down to a certain area of Valencia and we have even got a client at the moment who wants a particular street. Of course we say that Valencia is great all the time in this blog, you can check back if you want, but we also appreciate areas outside Valencia.

One of the questions we are asked most regularly is, "How long does it take to buy a property in Spain? The answer is always, "Well, it depends!" If you are ready to purchase then the process can be done in a week or less, at least in the city of Valencia itself where the conveyancing process for the lawyer is quicker. However the answer could even be 3 months or longer depending on the circumstances of the seller and of course your circumstances as a buyer!

We always bang on about how great Valencia is to live, we know we do. We do it because it is. We say Valencia has a great mix of everything you want in a place to live and it's true. You don't have to believe us of course. But if you aren't going to believe us who should you believe? How about the people who live and work here?