Selection of the best neighborhoods to invest in Valencia
Undoubtedly one of the great attractions of Valencia is its climate. The atmosphere, the natural landscape and its Valencian paella make this city a destination for national and international tourism. However, what few know is that it is one of the most important cities for investment.
The options for acquiring a property on the shores of the Mediterranean Sea are countless, both to move to live or to make a long-term investment. Although Valencia is the third most populated city in Spain, it is not as crowded as Barcelona or Madrid, so it is relatively easy and cheap to find a new property. In this article we propose you some of the best neighborhoods in Valencia and we clarify which of them is better for a tourist investment, to live with children or to enjoy the beach.
CIUTAT VELLA
Ciutat Vella comprises the entire central area of Valencia. It is one of the most popular districts and, as you might have guessed, also one of the most touristic, because in it we find key buildings such as the Cathedral or the Central Market.
In this district we can find a two-bedroom apartment of 90 m2 for 750€, which means that the price per m2 would cost us around 2,400 euros. Living here means having a lot of social life and enjoying its nightlife. In addition, thanks to the metro and its good connections we can enjoy the beach just a few minutes away. This is why Ciutat Vella is also a great investment option for tourist rental.
BENIMACLET
Benimaclet is an old town that still retains its style of low houses. It is a completely residential neighborhood with supermarkets, schools, banks and bars. In addition, its proximity to the Polytechnic University makes possible a great social life and a multitude of leisure possibilities.
It is ideal for families with children because it is also one of the cheapest neighborhoods in Valencia. The m2 in this area is only 1,285 euros, which means that we can easily find a single-family house with 4 bedrooms and 100 square meters for 200 thousand euros. The same house for rent would cost between 800 and 900 euros.
POBLATS MARÍTIMS
It is the jewel in the Valencian crown. Where all Mediterranean lifestyles converge. A few years ago it was difficult to access the Malvarrosa, now it is a neighborhood with excellent communications that bring the rest of the capital to the beach.
Poblats Marítims is undoubtedly the perfect neighborhood for investment. Most of the houses in El Cabanyal are for tourist rentals for a higher profitability. But if your dream is to wake up every morning and enjoy the best view of the Mediterranean Sea you should know that a house in this district is really cheap compared to other districts: a beachfront apartment with three bedrooms and 90 m2 for just over 200 thousand euros.
Patraix
In the southwest of Valencia we find this residential district with a village feel, characterized mainly by its good communications with the V-30, which gives it greater accessibility.
Patraix has large extensions of green areas, basic services, schools, churches... Everything you need for you and your family to be able to buy a home that, in addition, will cost you very cheap if you compare it with the rest of Valencian neighborhoods. The average price per m2 in Patraix is only 1.155,7 €: a spacious house with 4 bedrooms and 135m2 costs around 250 thousand euros.
CAMPANAR
Actually Campanar hides more than it may seem at first glance, as it still retains traces of its past as an independent municipality of Valencia capital. Wide buildings, large boulevards and low houses of colonialist architecture is what you will find in this neighborhood located on the other side of the Pont d' Ademús, which connects Campanar with the historic center of Valencia.
The investment possibilities in this area are very varied. You can find an apartment for rent of more than 100m2 and 4 bedrooms for 750 euros or buy a villa with a garden of more than 200 meters for almost 400 thousand euros. All with an average price per square meter of 1,531 euros.
RUZAFA
It is one of the big bets in this ranking. Ruzafa has it all. It has the Estación del Norte to the west, the Plaza de Toros to the north, the Palau de la Música to the east and the City of Arts complex to the south. In fact this neighborhood is one of the oldest in Valencia.
Despite being one of the most expensive neighborhoods in the city, the metro2 is 2,500 euros, it is the place chosen by young people for its wide range of cultural leisure, as well as having all the services available: supermarkets, banks, bars, police station... Due to its proximity to the city center and the Science Museum, Ruzafa is usually the usual accommodation for many tourists.
