Valencia is divided into a total of 19 municipal districts. We at Valencia Property Hound specialise in the Formula 1 area whcih is called Camins del Grau. That said we feel that there are in total 6 areas of the 19 that are worth considering depending on one's "buying criteria".
1. "Ciutat Vella" : this area is the city's historical centre encompassing such areas as the Carmen, Mercado Central and the beautiful La Paz St as well as the city's shopping "golden mile" on Poeta Querol St.. According to property statistics from idealista.com it was the city's 2nd most expensive area at the end of 2010 with the average price per sqm at €3,085. It is an area full of beautiful historical old buildings with their tall ceilings, ornate cornices and huge building entrance doors. Ciutat Vella will always be in demand especially old style property given its city centre location.
The following properties are for sale in this area at present :
http://www.idealista.com/pagina/buscar?ubicacion=46-250-02-002-01-XXX&operacion=V&tipoinmueble=V&opidiom=cidioma&localeRef=en
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2. "L'Eixample" : this area takes in the city's most popular shopping street on calle Colon, Marques del Turia Ave and Russafa. It was the most expensive area to buy property in at the end of 2010 with the average price per sqm at €3,094. There are huge price differentials within the area with luxury apartments in the area of Colon St. available for several million Euros whereas old style properties in need of total renovation can be bought for in the region of €150,000 in Russafa.
The following properties are for sale in this area at present :
http://www.idealista.com/pagina/buscar?ubicacion=46-250-02-002-02-XXX&operacion=V&tipoinmueble=V&opidiom=cidioma&localeRef=en
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3. "Plaza del Real" : this area is situated around the Aragon area of the city which is a mere 5 minute drive to the city's beach, marina and F1 circuit. The city's football stadium is also located here until September 2011 when it will move to the other side of the city. There are quite a lot of office blocks in the area therefore making "buy to lets" an attractive investment option. The average price per sqm here at the end of 2010 was €3,080 making it the city's third most expensive area. The A.V.E. high speed train arrived in Valencia in 2010 with one of the city's three high speed stations to be built in this area right under where the Aragon Metro station presently is further adding to the area's property investment potential.
The following properties are for sale in this area at present :
http://www.idealista.com/pagina/buscar?ubicacion=46-250-02-002-06-XXX&operacion=V&tipoinmueble=V&opidiom=cidioma&localeRef=en
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4. "Camins al Grau" : this is the area at the end of Avenida del Puerto that Valencia Property Hound specialises in sourcing property for our clients. It is presently the city's 4th most expensive area however it has potentially huge upside re future capital appreciation gains with the arrival of Formula 1 in the city for at least 7 years until 2014. If as seems likely F1 stays in the city indefinitely then the gains in the mid to long term will be even more spectacular. Old style apartments to be totally renovated are the properties to buy for those wishing to maximise their capital gain. These are also the properties that most appeal re short term rentals. Such properties can be bought for in the region of €150,000 upwards. We offer full Property Renovation Services to clients. The average price per sqm here at the end of 2010 was €2,425.
The following properties are for sale in this area at present :
http://www.idealista.com/pagina/buscar?ubicacion=46-250-02-002-11-XXX&operacion=V&tipoinmueble=V&opidiom=cidioma&localeRef=en
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5, "Patraix / Jesus" : these 2 adjoining districts offer good value for money with average prices per sqm in the region of €1,664 at the end of 2010 which is a good 26% cheaper than the average city price of €2,248 per sqm. These 2 areas are a mere 10 minute walk from the city centre with excellent public transport links. Again, old style properties are the ones to go for.
The following properties are for sale in this area at present :
http://www.idealista.com/pagina/buscar?ubicacion=46-250-02-002-09-XXX&operacion=V&tipoinmueble=V&opidiom=cidioma&localeRef=en
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Valencia Property Hound's website, like all good websites is content
driven and is continually being updated.If you would like any additional
information, do not hesitate to contact
us.
*Property Statistic's Courtesy of Idealista.com.
