All the latest news from Valencia Property

Last week on the blog we promised to look at what will happen over the next couple of years in the Valencia property market according to "experts" in this area. Since then I have been asking questions, looking at recent articles from said "experts" and taking stock of what we are seeing at the moment to come up with a finger in the air and see which way the wind is blowing prediction for the property market in Valencia and Spain for the next couple of years or so.

Spain gets hot in the summer, no sh*t Sherlock, and thanks to our worldwide proclivity for burning fossil fuels willy-nilly not only is it geting hotter in the summer but those summers are lasting longer. Last week for example the temperatures hit 36 degrees in Seville and Cordoba whilst Valencia was at a nice and comfortable 24 degrees (It's now around 30 so we know it's coming). So today we are looking at how to keep cool in and around Valencia in the Spanish summer. What you can do in Seville, Cordoba, Murcia and Extremadura? I haven't got a clue but maybe as many as possible of the following at the same time.

Valencia, the third-largest city in Spain, has long been known for its rich cultural heritage, beautiful beaches, and the renowned Las Fallas festival. I mean, if you are a regular reader of this blog you will know so much about all of that and more. Recently, however, it has gained recognition for something far less traditional but equally transformative: a booming tech scene in which there are certain jewels in the crown such as the lanzadera project by the Marina for start ups pushed by Juan Roig, the boss of one of Valencia's huge success stories, Mercadona.

It's been a long, hot and absolutely wonderful summer. At least I think it was hot, I was away for a month in Northern Spain and most of our team have been away for at least a part of the month visiting various parts of Spain, the Olympics in Paris, Albania and various major cities in Europe. Those who stayed in Valencia and southern Spain or were here for a short time told us it was hot. We are all back now and up and running. Some of us have been working with people the last couple of weeks preparing things for this really mad September. So yes, we are back, we are working and we are ready... but... we are a bit full.

So... Airbnb... The answer is no. The truth is with us at Valencia Property the answer has been no for some time in the vast majority of cases especially since we opened our Stepping Stone Rentals sister company. But we can no longer look on as Airbnb has such an effect on the housing market around the World and more specifically Valencia. We have been writing on this blog for years about the End of the Airbnb Economy, the fact that Airbnb isn't as profitable as people think and more. We actually started calling for people to stop buying places to Airbnb in 2018 as it was having too great an effect on the city.

A different and depressing post this week after the huge storm that affected inland Valencia on Tuesday and brought disastrous flooding to a huge area to the south and west of the city. A storm front got stuck over the mountains to the south and west of the city and torrential rain fell for hours. Usually the rains of this type are limited in time as the storm moves but this was a chain of storms fed by the heating of the Mediterranean Sea making it longer, wetter and more deadly. Our thoughts, donations and help are with all of those affected

I really wanted to call this article "The Valencia Property Market now... After erm... That". But then realised that the "THAT" in the title could refer to two things and be confusing for the majority of our readers and that the word "erm" in a title isn't great. So yes, we are referring to the flooding and at the same time of course, the death of hope and loss of sanity in the States and we are looking at what both mean for the Valencia Property market. We took a week and a half out of posting on social media, of promoting good properties and generally of being happy out of respect for the people who lost their lives or their possessions or everything in the floods and for those facing up to losing their rights in the States, but for those who can, life goes on and for others putting together a life that works now is a priority.

We have just completed one of the quickest purchases for an overseas client ever. The whole process from arriving in Valencia from Australia to completion took just 15 days and today we want to tell you the story of how that happened and how it is even possible. Also the application for a Golden Visa has been made and will be accepted in the next couple of weeks as we have managed to do everything required to beat the clock as it counts down to the end of that particular visa. First though we'll answer the question how long does it take to buy a property in Valencia normally and then we'll tell you what we did to make this happen so quickly.

It's not often that I'm shocked, at least by things in Spanish real estate. Other things for sure; The state of the World, who people will vote for, the belief that if you don't drink water every ten seconds you'll be dehydrated, terrible own goals and the like yeah, but not things in Spanish real estate, been there seen that etc... However there's a new scam in town and I think you should know about it because you as a buyer, your lawyer, your notary and your seller need to know about it. It's quite ingenious and involves hacking, illegality and the potential loss of millions of Euros without there being anyone to really hold responsible, so take note.

With rental prices through the roof and purchase prices reaching their highest levels seen it's very difficult for young people to get on the property ladder in Spain. In other countries mortgages of up to 100% are available meaning that people have more of a chance of buying without having to save the lump sum required, not to mention the costs involved in purchasing. (You can read about what you need to save in this post from last month) However, if you are in a position to help out your children then there are various ways you can help them get their own place. Let's take a look at five possible ways to help your child get a property.

Living in Valencia I have never seen anyone walking about in a flamenco dress, I don't know any bullfighters, not everyone you see is a foreigner, the place doesn't close down in the winter and we don't only rely on tourists to have anything resembling an economy. Valencia is the third biggest city in Spain and it is a totally first world, modern, thriving city on the Mediterranean coast.

As we suggested last month when the law was finally taken to the Parliament for approval the withdrawal of the Spanish Golden Visa was definitely going to have an end point this month and now we know what it is. The 3rd of April 2025 will be the final date for the Golden Visa. Applications made up to and before this date with all of the correct paperwork will be accepted even if they are not resolved beforehand.

In 2021 we wrote this exact article and looked at how much you would need to earn or have in passive income via pensions, investments etc to live a comfortable life in Valencia. Since then we have had a lot of inflation in the system the World over post-Covid and the supply chain shocks that came as a result. Therefore we have been asked to update the article for 2025 and today we will look at how the cost of living compares in Valencia compared with 2021 and also once again compare Valencia with other popular international destinations.

Earlier this week the leader of the Spanish government Pedro Sanchez announced various measures to ease the problems of the Spanish Property Market. Most of them were well thought out and reasonable, whether they will work or even be put in place is another matter. However one of them sent shock waves through our commnity here, not to mention our company. In this post we will take you through what may have been proposed and what effect it will have on you as a potential buyer of Spanish property along with what you can do to avoid having to face the potential consequences.

Sometimes we don’t know what we are missing until we are not living in a place and we get as the Spanish say “Nostalgia” otherwise known as "Homesickness". However, the reverse is also true, you can discover some new delights when you move to live in a place and Spain has plenty of delights for you of course. So for your delectation today I went back to a post I wrote back in the good old days of the early 2010s to let you know some of the things you can look forward to when you come to live in Spain or even when you buy a holiday home over here. Take a look and tell us some other things you would add.

If you have been looking for a medium term rental in Valencia then you will know the world of pain that can be involved. There is little available, the owners won't accept foreigners, prices are off the scale or you have to pay ridiculous fees to the platform (Looking at you Airbnb) Luckily a couple of years ago we solved the problem for many people through our sister company Stepping Stone Rentals. Today we are going to look at some of our available properties on the website as we move more deeply into 2025. First though let's go into the advantages of Stepping Stone Rentals for your Valencia medium term rental.

As we are now into February we thought it was time to give a little overview of the current market. This won't be a full investigation into everything that is happening but it is a quick look of what we are experiencing at the moment in the Valencia Property market and what we have learnt from other agents' experiences when talking to them.

Every property transaction in Spain is signed, sealed and delivered at the notary's office. It's where you buy your property and get the keys handed over (usually). It's the end of the process and for many the start of a new life. However, notaries in other countries are rare birds, only seen in specific areas of law and not really a part of the real estate process at all. Here in Spain they are essential so it's important to know what they do for you and also what they do not do because some people think they shouldn't be using a lawyer because the notary will sort it out. First though, let's look at what the notary does.