Thursday, December 29, 2011

Property prices in Valencia

PROPERTY SALES PRICES


Since 2007, the price of Valencia properties (euro/m2) has fallen by 27%, compared to 20% in Madrid, and 27% in Barcelona. In Valencia the prices have dropped the most in l'Olivereta, which is not a bad neighbourhood, relatively close to the the Ciudad de Artes y Ciencias. Ciutat Vella (El Carmen) has dropped 20% and Eixample, probably the best area to live 24%. What will 2012 bring? 




PROPERTY RENTAL PRICES


Since 2008, the rental prices for Valencia properties (euro/m2) have fallen by 27%, compared to only 10% in Madrid, and 15% in Barcelona. It is remarkable that in Valencia the rental prices have dropped according to the sales prices, while it is not the case in Barcelona and Madrid. At the moment it is very cheap to rent a decent flat in Valencia, even for short stays. Click here for the best offers.



source: Idealista

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