Tag: Interest rates in Valencia

Valencia Property

Renting or Buying Property in Valencia?

After receiving a few enquiries about whether it’s better to rent or buy a property in Valencia I thought it time to put together a post comparing the two options in terms of costs and what your “get out position” is at the end. Obviously there are other considerations apart from monetary costs but we will focus here on the costs and then look at those other considerations at the end.

We are going to go with a similar property in both cases and look at five, ten and twenty year horizons. For the numbers we are going to use an example from last week where the client took on a mortgage at a fixed rate over 20 years.

Lifestyle In Spain, Valencia Property

Covid19 A Year On. What We Didn’t Know

This time last year we were well into the first week of our severe lockdown. The Fallas fiestas had been cancelled on the 10th of March after quite a few Mascletas had already happened, Levante had played their last home game on the 8th of March with 3000 fewer fans than normal, many choosing to avoid the match due to fears about the new virus and on the 14th of March the Spanish government ordered lockdown… and it started to rain in Valencia…

Valencia Property

The Valencia Property Market Has Gone Mad

I wrote something on Facebook last night about what is happening in the Valencia Property market and I promised to expand on why I think this is happening.

Let’s get the caveats out of the way. We are sure to be called liars and typical agents talking up the market and stuff but, as Rafa Benitez once said, here are some facts:

Today we tried to arrange some visits for a client for Friday. Out of the ten properties we wanted to see five have sold in the last week. All have deposits left on them and mostly at asking price!