Valencia's most premium neighbourhood: what homes are buyers looking for when they spend half a million euros?

Pla del Remei - Lumina Properties

 

The price in certain luxury areas of the capital has increased by 7.5% in just one year.

At Nuwe For years we have been seeing how the real estate market for luxury homes is on the rise. The search for the most outstanding properties in Valencia continues unabated. The operations easily exceed half a million euros and, far from what the latest Controversy over the elimination of Golden Visasforeign buyers arrive determined and, let it be understood, 'in love' with a single neighbourhood in the capital. Their aim is to have a home in the capital. Valencia to formalise it as a permanent residence, to establish their place of work as digital nomads or even to have the option of being able to live seasonally in a city that offers all its attractions all year round. We are not going to describe the charms of ValenciaThe fact is that they are already known and you only have to go out on the street, but in our experience we have come across several patterns and elements that repeat themselves: the buyers of luxury homes are interested in a very specific neighbourhood and the house must have certain characteristics. These are the properties for which half a million euros are being paid in the centre of Valencia.

The most sought-after neighbourhood, the one that arouses most interest and the one that focuses all the objectives of buyers of luxury homes in Valencia is none other than that of Pla del Remei. Located between the Eixample, La Xerea, Sant Francesc, Ruzafa, Gran Vía and the most popular stretch of the old riverbed of the River TuriaThis area can be considered the most 'premium' area of Valencia. This is where the most luxurious homes in the city are to be found, for which buyers are sparing no expense. We have closed several transactions in this area that even exceed half a million euros. But what could be most striking is that the client interested in this area is not usually national, but international.

The customer of luxury homes in Valencia

Recently we have seen how the government has targeted the luxury home buyer, holding him responsible for the general increase in the price of housing in Spain. Spain. They are such different markets that the trend in one will not directly affect the other, although in the case of the controversy over the withdrawal of the Golden Visa for real estate, there are more security reasons than housing reasons, but we will leave that for another time. Foreigners come to Valencia determined to invest in a certain luxury property, without skimping on features, characteristics of the property and price. The amount of the operation is not usually a problem.

Among the most prominent clients for the purchase of luxury properties in Valencia are Central Europeans such as Belgians y Dutchas well as Lithuanians and, more recently, Ukrainians. Americans and Canadians deserve a special mention, accustomed as they are to the fact that in USA The purchase and sale of homes is obligatorily carried out through real estate agencies, whereas in Spain this type of transaction can be done between private individuals. Unlike foreigners, national clients are more likely to search and compare the price offered by each property, looking at the average market price. All these examples are shown in a single, striking fact: the price of luxury housing transactions has increased, in certain areas, by 7.5%.

Pla del Remei - NUWE Real Estate Group (2)

Characteristics of the luxury houses in Pla del Remei

By compiling the operations we have carried out in this stately neighbourhood of ValenciaWe find that the clients coincide in certain interests, in certain aspects that the property must have in order to formalise the operation. We are talking about an area with very select homes, which meet the highest quality standards and which are the object of desire of a very specific public. Thus, the clients want their future home in Pla del Remei is characterised by its large size, spaciousness and always has between 3 and 4 bedrooms. In addition, among the requests we usually find an interest in having a property with a terrace and balcony.

Why buy a property in Pla del Remei?

Those interested in buying a luxury property in the city of Valencia come to Nuwe with very clear ideas: they want a home in Pla del Remei. It is clear that this is the most particular area of the capital in terms of the type of housing we can find. There is not such a concentration in any other district of the capital. This is the first neighbourhood in the city centre coming from the old Turia riverbed, it is only a few minutes away from the most touristic points of the city such as the city centre itself, the City of Arts and Sciences and Viveros. In this area we find the main clothes shops, the most outstanding restaurants of the city.

Other prime areas to buy a house in Valencia

Pla del Remei is the most 'top' area of the city in terms of luxury housing, but other neighbourhoods are not far behind, offering other types of housing with high prices and outstanding features. Thus, the area of Pla del Real next to Mestalla, Peñarroja for its proximity to the City of Arts and Sciences, Sant Pau y Valencian Parliamentthe Eixample with Gran Vía y Ruzafa, Sant Francesc, El Carmenthe recent increase in Arrancapins and the vicinity of Beniferri by the recent constructions, not forgetting the area of the Nou Campanar.

Compare listings

Compare
×
en_GB