The residential real estate market in Valencia is witnessing notable price hikes, with the average price per square meter reaching 2,441 euros, marking a 10.5% year-on-year increase. This surge is primarily fueled by robust demand from domestic as well as international investors.
International Interest Boosts the Market
Investors from Belgium, the Netherlands, and the United States are particularly drawn to Valencia, attracted by its vibrant culture and promising investment returns. This influx of foreign buyers plays a crucial role in driving up property values, especially in the city’s attractive central districts.
High Demand in Central Districts
In areas such as l’Eixample and Ciutat Vella, prices surpass 3,000 euros per square meter. These central locations command premium prices due to their desirability and limited availability of new housing, keeping the market highly competitive.
Investment Trends in Metropolitan Areas
Local agents report expanding investment into surrounding metropolitan areas as affordability in central Valencia becomes more challenging. Neighboring municipalities are experiencing above-average regional price growth, indicating strong interest beyond the capital.
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