How to buy an apartment in Valencia

July 10, 2023

At Blue Key, we specialize in helping foreign investors navigate the process of buying an apartment in Valencia. To make things easier for our clients, we’ve created a 4-part series that walks you through the entire journey—from finding your ideal property to successfully managing it.

1. How to Search for an Apartment in Valencia

Finding the right apartment is the first and most exciting step. This part of the process involves:

  • Understanding how the local real estate market works

  • Knowing who the key players are: agents, notaries, lawyers

  • Using the best property platforms such as Idealista, Fotocasa, and local agencies

  • Discovering the best neighborhoods to invest in (e.g. Ruzafa, El Carmen, Patraix)

  • Learning which areas might be best to avoid

Having guidance during the search phase can save you time, money, and frustration.

2. Legal Assistance During the Buying Process

Legal guidance is the most critical part of buying real estate in Spain, especially for non-residents. At Blue Key, we partner with English-speaking lawyers who:

  • Review all contracts and reservation agreements

  • Perform due diligence on the property (debts, encumbrances, ownership status)

  • Coordinate with the notary and prepare the public deed

  • Assist with NIE numbers, Spanish bank accounts, and taxes

What can go wrong? A lot—debts, illegal construction, or disputes over ownership. That’s why you need a legal expert by your side.

The total cost of legal assistance and purchase taxes is typically around 15–16% on top of the purchase price.

3. How to Make Money with Rentals in Valencia

Valencia is one of the best cities in Spain for rental income due to its:

  • Large expat and digital nomad population

  • Strong demand for mid-term rentals (1–6 months)

  • Booming tourism market

Globexs, our sister company, specializes in expat rentals. They help you:

  • Market your apartment to verified digital nomads and expats

  • Maximize income with flexible, fully legal leases

  • Maintain high occupancy year-round

In the post-COVID era, mid-term rentals have proven to be the most stable and profitable strategy for investors.

4. Property Management in Valencia

After purchase, the next step is to maintain and manage your property efficiently. Whether or not you plan to rent it out, a management company can help with:

  • Cleaning and maintenance

  • Key handovers and check-ins

  • Attending neighbor association meetings

  • Dealing with taxes and bills

Our property management brand, Nestor, offers complete solutions for absentee owners. They also help with renovations, furnishing, and interior decoration.

Full-Service Investment: The Blue Key Advantage

At Blue Key, we offer a turnkey service tailored for international investors.

  1. Property Search: We help you identify high-potential properties and provide honest advice about each neighborhood.

  2. Legal Safety: We work with independent lawyers to ensure your transaction is 100% secure.

  3. Rental Income: We list your property with Globexs for mid-term expat rentals.

  4. Ongoing Management: We care for your investment with Nestor property services.

This 360-degree support makes investing in Valencia safe, easy, and profitable.

Why Valencia is a Top Choice for Foreign Investors

Many buyers ask: Why Valencia over Madrid or Barcelona? Here’s why:

  • Lower property prices

  • High rental demand

  • Mediterranean lifestyle

  • Low crime rate and friendly locals

  • Excellent healthcare and education

  • One of the sunniest cities in Europe

Valencia also has a fast-growing digital nomad community and a strong ecosystem for remote workers.

About Globexs and Nestor

Globexs (Global Expatriate Services SL) has been helping expats since 2010 with:

  • Legal immigration advice

  • Mid-term housing for expats and professionals

  • Local relocation support

Their online community and Facebook group "Expats Living and Working in Valencia" is one of the most active networks for newcomers.

Nestor, launched in 2018, is Globexs’ dedicated property management service. It helps foreign owners with day-to-day apartment maintenance, tenant management, and interior upgrades.

Let’s Talk

Are you thinking of buying an apartment in Valencia? We’d love to help you take the first step.

📍 Visit us at: Calle Pintor Salvador Abril 35, Ruzafa, Valencia
📧 Email: info@globexs.com

Let Blue Key guide you through a safe and successful property investment in Valencia.

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