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Engel & Völkers Licence Partner Spain > Blog > 10 reasons to invest in Valencia

10 reasons to invest in Valencia

1. It is the third largest city demographically in Spain

After Madrid and Barcelona, ​​Valencia is positioned as the third largest city and most populous metropolitan area in Spain. It has a population of 786,424 inhabitants (INE 2014), amounting to 1,550,885 inhabitants if we include the metropolitan area.

Valencia borders the north with populations like Bétera, Rocafort, Godella, Burjasot, Moncada Alfara del Patriarca, Vinalesa, Bonrepós and Mirambell, Tavernes Blanques Alboraya, Masamagrell, Masalfasar, Museros, Albuixech, Albalat dels Sorells, Foyos, Meliana and Almácera ; on the east with the Mediterranean Sea; south with populations of Picanya, Paiporta, Sedaví, Alfafar, Masanasa, Catarroja, Albal, Chair, Sollana and Swedish; and west with Paterna, Quart de Poblet, Mislata and Chirivella.

It has typical Mediterranean climate, characterized by a mild and humid climate. The average annual temperature is 18 ° C and sunny days per year are 300. Also, they have 19.5 km of beach, 5 million green areas and a wide cultural offer. All these features make Valencia the ideal city to live. In addition, it is also an ideal city to invest.


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Photo credit: Wikimedia.

2. Strategic position

Valencia is positioned around the main national and European markets and has quick access to a broad market. In a maximum of 2 hours by land Valencia can access to the 27% of the Spanish population. Looking at it from a European perspective, Valencia is in the middle of the Mediterranean corridor and the central-eastern coast of Spain, has a privileged position. It is the south entry to Europe and the bridge to Latin America.

The Port of Valencia, reference in the Mediterranean, has a very important role in the economic development of the city being the first Spanish port container traffic. Moreover, it also highlights its airport and high speed train. 

Transport infrastructure and geographical position allows this intermediate city have quick access to a broad market.

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3. It is the third Spanish city with greater economic activity

Valencia is characterized as a dynamic and enterprising city. One in three companies in the province of Valencia is located in its capital.

There is a predominance of SMEs and micro enterprises but also large companies and multinationals. It should be added the large number of foreign companies that have opted for Valencia: Apple, Ikea, Ford, Hewlett-Packard, Plug and Play, etc. Currently, there are 400 foreign companies and its volume has grown by 19% since 2008.

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4. High price competitiveness

The main critical issues for businesses as offices, housing, transport, etc. are a great asset to the Valencian investment because all those costs have a very competitive price. Compared with other sophisticated services in similar European cities, the prices of Valencia are a great attraction for investors. Moreover, the industrial land in the metropolitan area has optimal infrastructure to accommodate new businesses in the area.

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5. Talent

Valencia has two of the top ten Spanish universities: the University of Valencia (UV) and the Polytechnic University of Valencia (UPV). This makes it a city with great importance in teaching, innovation and technological development.

What differentiates a developed city or not is their scientific and cultural level. Valencia has great institutions of international prestige. It is a city with a high generation of innovation and scientific-technical knowledge. This can be seen with the implementation of ICT, Valencia opted firmly for them.


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6. High level of employability

There is a lot of human capital prepared to work and it is demonstrate that all employees are very active time workers successfully implementing new ideas. Around 16,800 university students obtained their qualifications in universities in the city every year. So the people of Valencia comes close to half a million people with higher education.

The intensity with that this human capital is employed is generally lower than in the rest of Spain. This creates a great opportunity for companies that want to exploit this human capital of Valencia.

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7. International

There has been a significant increase Valencia's foreign trade (exports and imports grew by 37%) till become a medium-sized city with a large volume of exports over Sevilla, Zaragoza and Malaga.

Therefore, all its inhabitants and its products are well connected with the main national and international markets which are part of a globalized world. In fact, they got that way long before this was considered an essential strategy for society.


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8. Business tourism

Valencia is the reference center for business and trade fair exhibitions till become the fifth Spanish and the third European non-capital city with the highest number of international events. It has installations that are major figures as City of Arts and Sciences, Palau de la Música, Conference Palace and Feria Valencia.

There are also a large number of cruise tourism which has grown exponentially even more than in Barcelona.

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9. Oriented to advanced services for companies and institutions


Valencia focuses more on services and industry than the average of Spain since three out of four employees are employed in the services sector and more than 14% in the industry.

Furthermore, if we focus on the city of Valencia more than 80% of employees work in the tertiary sector. All these companies broader in the metropolitan area of Valencia and down town districts.

To sum up, Valencia has sophisticated services in a traditional setting. The majority of companies are dedicated to provide business-oriented services and the health sector: legal and accounting activities, technical architecture and engineering services, technical testing and analysis, professional activities, scientific and technical, and health activities.


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10. Identity

Valencia has an urban space with four different ecosystems. This gives personality, identity and differentiation with the rest. Thus, geographic diversity enriches. It has Turia Park, La Albufera, ports, beaches and the Huerta.

It also has the distinction of "City of Science and Innovation" that catalogues as a leading city thanks to its extensive intellectual capital together with the development of scientific and technological activities. It is a smart, accessible and dynamic city. All these features can be seen with the big bet that has made Valencia for ICT in order to improve the quality of life of its citizens.

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There are different examples of business success in Valencia companies such as Mercadona, company whose headquarters is located in Valencia, Ford Spain, located in Valencia since 1976 and based on technological innovation, or Plug and Play Spain, Valencia is their European headquarters.

All data in this article are demonstrated and documented by sources of Business VLC and the City Council of Valencia.


The city of Valencia is made up of districts and these are divided into neighbourhoods and districts:

Ciutat Vella

  • La Seu
  • La Xerea
  • El Carme
  • El Pilar
  • El Mercat
  • Sant Francesc

Ensanche


  • Ruzafa
  • El Pla del Remei
  • Gran Vía

Extramurs

  • Botànic
  • La Roqueta
  • La Petxina
  • Arrancapins

Campanar

  • Campanar
  • Les Tendetes
  • El Calvari
  • Sant Pau

La Zaidía

  • Marxalenes
  • Morvedre
  • Trinitat
  • Tormos
  • Sant Antoni

El Pla del Real

  • Exposició
  • Mestalla
  • Jaume Roig
  • Ciutat Universitària

L'Olivereta

  • Nou Moles
  • Soternes
  • Tres Forques
  • La Fuensanta
  • La Llum

Patraix

  • Patraix
  • Sant Isidre
  • Vara de Quart
  • Safranar
  • Favara

Jesús

  • La Raiosa
  • L'Hort de Senabre
  • La Creu Coberta
  • San Marcelino
  • Camí Real

Quatre Carreres

  • Monteolivete
  • En Corts
  • Malilla
  • Fuente de San Luis
  • Na Rovella
  • La Punta
  • Ciudad de las Artes y las Ciencias

Poblados Marítimos

  • El Grao
  • Cabañal-Cañamelar
  • Malvarrosa
  • Beteró
  • Nazaret

Camins al Grau

  • Ayora
  • Albors
  • La Creu del Grau
  • Camí Fondo
  • Penya-Roja

Algirós

  • L'Illa Perduda
  • Ciutat Jardí
  • L'Amistat
  • La Bega Baixa
  • La Carrasca

Benimaclet

  • Benimaclet
  • Camí de Vera

Rascaña

  • Els Orriols
  • Torrefiel
  • Sant Llorenç

Benicalap

  • Benicalap
  • Ciutat Fallera

Poblados del Norte

  • Benifaraig
  • Pueblo Nuevo
  • Carpesa, Casas de Barcena
  • Mahuella
  • Masarrochos
  • Borbotó

Poblados del Oeste

  • Benimámet
  • Beniferri

Poblados del Sur

  • Horno de Alcedo
  • Castellar-Oliveral
  • Pinedo, El Saler
  • El Palmar
  • El Perellonet
  • La Torre
  • Faitanar

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    Spain

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Property on offer in Spain

In recent years, the Spanish property market has become a sector particularly valued by international investors, and it's no surprise. Between 2009 and 2014, property prices in Spain underwent notable changes, and as a result properties are currently being sold at very competitive prices. This situation applies to houses both for sale and to let, as well as to more luxurious properties, making Spain a practically unique case in Europe. The best investment possibilities can be found in Spain's high-end properties.

The high-end sector is the most interesting to the international investor. Many people the world over consider property in Spain, especially in the larger cities, to be some of the best patrimonial assets in Europe (a good example would be a luxury attic in Madrid or Barcelona). And as for the exclusively residential market, those who wish to have a second home in Spain, or buy a main house can also benefit from this situation. Logically, all of these benefits also reach the proprietors who wish to sell their houses.

Living and working in Spain

The quality of life enjoyed in Spain is the result of a unique combination of climatic, geographic, and of course, human factors. Living in Spain is an option that is contemplated by more foreigners every day, and buying a house is the first step towards that. Acclimatisation tends to be fast, and those who move in with the objective of developing business ventures can also count on easier administration when buying a house. Spain's high quality property market paves the way forward.

The type of property which one moves into in Spain will obviously depend on the newcomer's aspirations. Those who head to Spain, whether to live or to work, can enjoy the wonderful surroundings, either in an apartment with a view (of the beach, mountains or the city) or in a house right on the coast. For more information, it can be very useful to seek the advice of an estate agent in Spain, who will analyse the most interesting offers based on the prospective buyer's criteria.

Selling your house in Spain

Selling your house is another option for foreigners who live in Spain. Whether you are coming to the end of your stay in Spain or you just want to get rid of one asset in particular, the services of a reliable and trustworthy Spanish estate agent are essential. These professionals will examine the qualities of the villas in Spain that they want to commercialise, reaching the most advantageous sales agreements possible and getting the luxury properties in question on the market. Little wonder: if anything indicates the current context of the market it's that the role of the agent is basically to close a good sales agreement.

How to arrive in and travel through Spain

Alongside the properties that Spain has available, the country also offers areas of great patrimonial and natural interest. It's worth highlighting the excellent connections by land, sea and air to all the European capitals such as London, Paris, Berlin, Rome, Brussels, and Geneva, and many other European cities are less than a three-hour journey from the main Spanish airports. Those who travel to Spain have airports at their disposal not only in the main cities but also in the majority of the provinces. Another alternative to get around the country is via the complete train network that, on a smaller scale, consists of commuter trains to the inland regions, creating easy access to almost any town and property in Spain.