Buying a home in Spain? We have a
large number of spanish properties for sale. Ensure you read our guides
which will aide you in your search for a Valencia property
The Community of Valencia came into existence in 1978
with the institution of the 17 Autonomous Communities of Spain. The
Communities are regional administrations that cooperate with central
administration, assuming responsibility for the management, both politically
and administratively, of each individual area.
The Valencian Community is located on the eastern
coast of the Iberian Penninsula along the Mediterranean, and comprises
of three provinces, Alicante, Valencia and Castellón.
Valencia is the third largest city in Spain after
Madrid and Barcelona and is the capital of the region. The region
is famous for its orange groves, temperate climate and its 500km of
coastline with their long, clean sandy beaches.
Reasons to buy a home in Spain
Regarding nationality of foreign investors, British
are the main buyers totalling 52% of these investments, followed by
Germans (22%), French (8%), Italians (6%), Scandinavians (6%) and
Belgians (3%). As a result, 10% of residents in coast villages with
more than 100,000 inhabitants are foreigners.
1. Climate conditions (sunniest European country).
2. Quality of life and low relative prices.
3. To buy a second home in Spain is a good investment
(Spain belongs to the eurozone, which implies a better comparison
of prices, no currency risk and historically low interest rates).
Moreover, the wide slowdown of all stock markets encourages investing
in a stable sector that promises high returns.
