Strong contrasts between districts
Valencia presents very attractive prices with respect to the real estate investments in other big cities. However, the contrast between the different districts of the city is enormous as well as the year-on-year variations recorded in the previous year.
As an example, the 11% and 10% increases experienced in Algirós and Cuatro Carreres, respectively, or the 6.5% increase registered in the last quarter of 2016 in Poblats Maritims contrast with the price drop of 5.8% recorded at the end of the year in Eixample.
The explanation for these differences is due to the shift of demand to the areas closest to the old Turia river and to the beach, which has intensified the gap between the different districts of the city.
Thus, the Ciudad de las Ciencias or the City of Sciences and Alboraya-Patacona are added to the prime areas of the city next to central Eixample, Ciutat Vella and Pla del Real, areas where prices have reached above 3,500 euros / sqm and where large flats with views or in stately buildings are the most sought-after properties.