Commercial Property for Sale in Valencia

Valencia is the capital of the Valencian Autonomous Community and it is the third most populated city in Spain. It has a population of around 790 thousand. With the wider urban areas including neighboring municipalities, the total population of Valencia is 1.6 million. The city of Valencia is located on the east coast of the Iberian Peninsula, on the banks of the River Turia. The unique location of Valencia made itself an important point in history and today. Its location on the eastern coastline is close to the other major locations in Spain. The cities Barcelona, Madrid, Alicante, Murcia, Zaragoza, Seville, and Malaga are easily accessible from the city of Valencia.

The important strategical location of Valencia made itself the setting for various historical events. Being a coastal city, having a large and vibrant port, and location on the eastern coast of the Iberian Peninsula made Valencia a focal point for a long period of time in the past. Valencia is founded in the Roman period in 138 BC. It is one of the oldest cities in Spain. After this period, in 714 AD, the city is captured by Berbers and Arabs from Northern Africa called “Moors”. This conquest made big changes in the society, economy, architecture, religion, and philosophy of the both Iberian Peninsula and the city of Valencia.

The effects of the past civilizations that conquered the city can be seen in nearly every part of daily life. The cuisine and architecture are the most changed parts of the culture of Spain. By that time, the Spanish people accepted these transformed customs as a richness of the area. In other words, they adopted the meaningful traditions of the Moors.

In addition to the civilizations, the geographical conditions and advantages also shaped the culture and lifestyle of the area. Agriculture is developed in the area, thanks to the ideal climate and fertile lands. The city of Valencia has a typical Mediterranean climate. As the winters are mild, the summers are hot and dry in Valencia. The development of agriculture also gave richness to the cuisine and high activities in the economy.

The vibrant economical activities in Valencia started before middle age. The economy of Valencia was mainly based on exportation until 3 decades ago. The port of Valencia is one of the biggest ones in the western Mediterranean. It is also in first place in accordance with Spain’s port container traffic ranking, and second place in the total traffic.

Starting in the 90s, Valencia became a famous tourist destination. The historical places, amazing natural areas, and picturesque views become popular among tourists from all over the world. The important historical places mostly remained from the Moor period of Spain. There are various castles, palaces, and churches in Valencia. The attractions are not only historical ones. The newly built cultural complexes also draw the attention of the visitors. The City of Arts and Sciences which is a science museum, the Oceanografico which is the biggest aquarium in Europe, and the L´Hemisfèric which is the IMAX Dome cinema are the main modern attractions of Valencia.

The modernization and popularisation of the city made the real estate market also more active. The domestic buyers from Spain and international buyers and investors from the four corners of the world started to buy real estate in Valencia Spain. That’s why the construction industry is in the first place with tourism of economical activities in Valencia. The city is expanding through to the rural areas to give enough housing supply to meet the day-by-day increasing demand.

The city center is not the only option for living in Valencia. The neighboring municipalities and rural areas are also suitable for living and owning a property. There are various famous tourist places in Valencia, which are suitable for owning property and living or investing. Real estate investment in Valencia is considered one of the best choices of location to invest in Spanish properties. Thanks to the huge port of the city, commercial real estate in Valencia Spain is known as an ideal option for getting high rental income potential.

Commercial Property Types in Valencia

The commercial property in Valencia has a wide variety of options, but the mainly depends on tourism. The extensive coastline of Valencia is suitable for owning and running a tourism facility in one of the most popular places in the country and Europe. Also, this long coastline offers numerous sea view apartments in Valencia for sale, which can be found suitable for every budget and desire.

While the coastline has more population density, the inner parts offer more wide areas to live a tranquil life. The inner parts of Valencia are mostly inhabited by friendly locals. The cosmopolitan structure of the city also allows foreigners to live in inner Valencia. As well as this area having large natural places, it also has the opportunity to buy land in Valencia. Owning land and constructing own house on the land in Valencia offers self-design to owners who want to live and huge profit for investors who are looking for big income potential.

The city of Valencia is also home to large comprehensive real estate projects, thanks to the developed construction sector in the city. These mixed projects consist of a combination of housing and commercial properties together. As the main idea of these projects is to create a new and self-sufficient living environment, owning both residential and commercial in these projects is advantageous. The homes for sale in Valencia, especially the new build ones, offer modern and comfortable living in the same place. The tranquility of the city is getting preserved by the lifestyle and project designs in the city.

Valencia is a great city for ex-pats looking for a new place to live, for investors who want to get a huge profit, especially from the commercial property for sale in Valencia Spain, and for pensioners who are looking for a peaceful and beautiful city.

To buy property, it is advised to work with a professional real estate agency. The professional team of Spain Homes delivers the best experience to its customers. Contact us today to enjoy living in the city of Valencia.

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