Real Estate Magic in Valencia

Why Valencia?

About Valencia

We are receiving more and more requests for property investments in Valencia, and that is no coincidence. Valencia is becoming one of the most interesting and popular places to invest in Europe. With specialised services such as project management, property finding and investment assistance, Bluekey Homes’ goal is to support foreign investors in Valencia.

Being the third largest Spanish city by the Mediterranean sea with its well-known quality lifestyle, offering a wide array of cultural and professional opportunities, Valencia has become a very attractive place to invest.

Before purchasing a property in Valencia, it is important to know how the real estate market works. The Valencian real estate scene operates in a remarkable way, and is often completely different from what most foreign buyers are used to. It can get quite confusing, so professional guidance is a must.

City life

Government investment over recent years in building Valencia as a world recognised brand has helped to increase visitor numbers sharply, and this is having an effect on the autonomous economy as a whole, with hoteliers, restaurateurs and short-stay apartments making higher returns on investment in property.

Infrastructure

Valencia has up-to-date amenities from accommodation to healthcare. Recent upgrades to the local public transport system, adding new lines to the underground system, new buses and a major transformation to digital applications allow for easy movement around the city. The new hospital La Fe is state of the art, providing free healthcare with the quality and cleanliness of a private hospital. Alongside the installations for the America’s Cup sailing competition and the ample spaces to host international conferences, Valencia is more than able to mix in with international venues, catering for everyone from weekend tourists to international businesses.

Legal structure

Valencia is open to investment and legal services are in place to provide easier traversing of the legal system regarding property. The relaxing of legal infrastructure throughout the property markets in 2012 have made for fewer issues with regulatory compliance, and the level of investment also means that local lawyers are very well equipped in dealing with the process of international investment in the property markets of Valencia.

Business

With over 77.000 businesses, Valencia is a thriving city. Around the city are industrial centres sporting international manufacturers including Ford and Ikea. It is the perfect city to host conferences due to the climate, the cuisine and the quality of the installations. Many start-ups are being created with the recent renovation of the port area, which was used for the America’s cup and has been refurbished by the University of Valencia as a dedicated business school providing training and services for companies wanting to grow in Valencia.

Culture

Valencia is a hotbed of culture both international and local. Many fiestas are held throughout the year, from the signature festival of Las Fallas to the Harvest Wine festival of Requena, there is something for everyone. The local people are open to international tourism and coupled with the investment made by local authorities, business is beginning to boom in attracting tourists from Europe, Asia and America alike.

Urban development

The City of Arts and Sciences designed by the world renowned (and Valencian local) Santiago Calatrava is at the forefront of modern architecture, the sweeping modern lines of these buildings are attractive and provide a perfect place for exhibitions, and are a celebration of Valencia itself. The Palau de Congresos hosts international conferences and along with The Technological Park of Paterna, this has given rise to a new host of companies based in technology. These digital companies are providing Valencian companies with the digital infrastructure they need to compete in the online markets.

Valencian real estate market

The real estate market in Valencia makes for perfect investment opportunities. With everything taken into consideration, the level of services provided by the local government, the relaxed regulation on investment and the recent push to entice investors globally, Valencia is seeing a dramatic increase in housing sales and property investment. As this rise is set to continue following the economic recovery, prices are due to steadily rise over the coming years. There is also a greater level of stability meaning more assurance on property investment.

Work life balance

Even though Valencia has a cosmopolitan center with worldwide brands for shopping, the general feel of the city is relaxed. Locals treasure their leisure time. Far from sprawling cities such as Madrid and Barcelona, Valencians like to keep their family and friends close and make time for leisure. Working hours throughout the week tend to run from 8.30am and finish late at 6.30pm – 7pm. Most people work only half a day on Fridays to make the most of the weekend. So the working week is productive, with a longer, more relaxing weekend.