Real estate in Valencia: prospects and opportunities

Real estate in Gandia

According to the latest data from the portal fotocasa.es, property prices in Gandia have decreased, averaging 988 euros/m² as of October 2014, which is 11% lower than in November 2013 (1,096 euros/m²). Information from spainhouses also confirms that the average price of housing in this city is around 215,000 euros. On the first line by the sea, you can find small apartments ranging from 60 to 80 m², which are priced 1.5 to 2 times higher than in other areas of Gandia. There is also the option to buy a house in this city, ranging from 300,000 to 1 million euros.

Advantages of living on the first line by the sea:

• Panoramic sea views
• Walking distance from the beach

There is also the option to purchase villas, but there are few offers available. The crisis has hardly affected this type of housing. A 200 m² house on the front line in Gandia will cost around 800,000 euros.

Real estate in Calpe

The situation in the city of Calpe is quite the opposite - property prices here have started to rise.

The Valencian Community is a popular region for Russian buyers of real estate abroad.According to .ru, this region accounts for almost 60% of housing inquiries in Spain. Property prices in the Valencia autonomous community have hardly changed over the past year, indicating market stability and its recovery after the crisis.

Gandia: a popular resort and investment destination

Gandia is located 65 km from the city of Valencia and is one of the largest coastal cities in Spain. Here you can find historical monuments, beautiful beaches, developed infrastructure, as well as opportunities for sports activities.

• Advantages of Gandia:
• Direct transport accessibility from Valencia;
• Wide and clean beaches;
• Developed infrastructure and high domestic demand.

The average price of real estate in Gandia is around 988 euros/m², which is almost 11% lower than a year ago.

Kalp: an attractive city for investments

Kalp is located in a hilly area along the coast and offers its visitors natural parks, wide beaches, and good transportation accessibility.

• Benefits of Calp:
• Good transport accessibility, close to Alicante airport;
• Attractive nature, magnificent beaches;
• The likelihood of having a sea view from the property.

The average price of real estate in Calpe is around €1,609 per square meter, which is 10.7% higher than a year ago.

Thus, the autonomous community of Valencia continues to be one of the most sought-after destinations for Russian investors and tourists. The autonomous community of Valencia continues to be one of the most sought-after destinations for Russian investors and tourists.