Property in Valencia - The Mediterranean Bliss

Valencia, a beautiful Mediterranean city, is a perfect mix of old world charm and modernity. It is situated at the central Spanish Mediterranean coastline having mountains on one side and facing Gulf of Valencia on the other. With a pleasant weather all through the year the temperature stands at a moderate average of 15 degrees. The warmth of dry summer is coupled with mildness of winter. Spring and autumns are interspersed with torrential rains.

The pleasant weather in Valencia is perfectly complemented with friendly people, which makes the city so wonderful. The Mediterranean has seeped into the lives of Valencians and has turned them into a fun loving lot. Recent influx of foreign immigrants has also given a cosmopolitan flavor to the city. The food, mainly the Mediterranean cuisine, is known world over not only for its exotic taste but also for its health and nutritional value. The city holds a gamut of restaurants, which boast of delectable food and great service. The famous Paella made with rice, sea food, chicken, rabbit and greens, was invented here. There are many places that prepare delicious paella. Top quality seafood, meat and fish are also hot on the offering.

Town hall in Valencia

Valencia is connected to the world through Valencia airport - Carretera del Aeropuerto - with all the major World airlines and is replete with major passenger facilities. The city also has well developed train and bus facilities.

The city of Valencia has an urban diversity ranging from historic to modern. The center of the city has the historic Town Council (Ayuntamiento) and The Main Post Office (Correos). The Plaza de la Reina, has many old buildings. Many palaces from the old world have been renovated as restaurants and government buildings. The cafes and other food joints give us the feel of modern era.

The New Town Council and Calatrava Bridge are located at the heart of the University area. The two riverbeds of the River Turia, which are turned into fascinating recreational areas and gardens, are joined by the bridge. The good part of the city's university is situated here as do the modern skyscrapers. This area is adorned with night clubs, pubs and the Palau de la Música is meant for concerts and cultural events.

The Canovas area is a hub of luxury where the rich and famous of the city dwell. This area has the maximum luxurious shops, high-class restaurants, boutiques and clubs.

The refreshing breeze of the beaches makes the city a complete Mediterranean bliss. Las Arenas, la Malvarrosa and Alboraya are the three beaches where you can spend sunny afternoons or take a cool morning walk.

Valencia is turning out a major destination for foreign real estate investors. According to Rafael Blasco, the housing minister of the regional government of Valencia, a third of the 75,000 to 80,000 properties built each year in the autonomous region of Valencia (which encompasses the Costa Blanca and the Costa del Azahar) are used as holiday homes, principally by foreign buyers led by the British, the Germans and the French. Properties in Valencia range from 2-3 bedroom apartments to fincas to luxury villas. The price varies from €90,000 – €150,000 for 2–3 bedroom apartment and €300,000 and above for a villa according to the location.

Back 16.04.2006.