Is it too late to move to Valencia? Apartment prices are going crazy 😱

[@ANTOANETTA]

Finally! It is here! I have been working on this for awhile and now my ultimate guide to Valencia is available for purchase: 📖 Discover Valencia: Your Essential Guide to Living and Loving Life in Spain payhip.com/b/DKdBS If you are traveling to Valencia as a tourist or relocating here this guide will really help you navigate. It has 85 pages of useful information, stunning images and clickable links (digital guide)

[@SendMoreParamedics13]

As someone who has lived in several countries in different parts of the world, and as someone who now lives in Valencia, the amount of work and effort it took to finding an apartment here was not worth the effort to me. Valencia is definitely a pretty city, but it's really not as cheap as people made it out to be. Finding an apartment in Valencia was probably 5x more difficult than any place I've lived previously. Your real estate agent experience is also 100% spot on. They were absolutely useless, in my experience. They didn't make any effort at all. As you said, my girlfriend and I would have to be the ones sending things to our agent..and even then, they were still unresponsive and lazy. The agent for the flat we eventually rented showed up an hour late and blamed US, saying we got the time wrong. We had the text to show her she had picked this time. No real apology. We had to pay this woman over $1000 for finding the flat ourself, having her show up late and being generally unresponsive. Total BS. In the end, we ended up with a flat that was 200€ a month more than what we want. It's got no heating or AC, so it's freezing in the winter and unlivable in the summer. I'm sure many peoples experience moving here was much better than my own, but for me, it was not worth all the hassle. We originally planned to buy here, but changed our mind after half a year. I know lots of people love it here, but it's not for me. 🙃 Your

[@LongerIntelligence]

Any city recommendations?

[@artemfromeurope]

Thanks for such a extensive comment. I can imagine coming from the US being shocked in Spain and how things worked there. Where have you lived before and where was easier the flat hunting? I rent in the Netherlands and I've been waiting for 6 years now in a queue for an affordable accommodation in the Netherlands. In these years I lived in Athens Greece that has become totally overpriced for the things that are unfortunately even worse than in Spain. But I still love Greece. I'm just coming to Tarragona soon for a couple of months to look around if I'll be able to find something on my budget on outskirts of the big cities. No way would like to live in the center! Athens was enough

[@Ivan.Marky88]

Hello, I'm reading your comment after 1y after it was published. How are things now? I am a foreigner but not big with the fat wallet and would like to buy a property in valentia. Can you please hook me up with some good agents, or I should do almost everything by myself starting with Idealista property search website?

[@Fritzaltman3778]

It’s the Ukrainians who are responsible for the rise in prices. Go to Engels and Völkers, they sort out everthing

[@JIS001974]

Ruzafa is experiencing exactly the same history as the "Born" in Barcelona, 25 years ago. The neighbourhood starts being fashionable for locals because of a few bars and restaurants and then one day, a guy from Lonely planet appears there and describes the area as "..the Bohemian side of the city" which is like officially declaring a Hipster invasion. Everybody wants to move there just because it's fancy and that makes the prices go crazy for appartments that were built and designed 100 years ago. We also tend to forget that we are not gonna be 25 years old forever and weekend life is only 2 days per week, so out of the "aperitivo", "tardeo" "fancy dinners" and clubbing ,there's a daily life in which we need to have other basic needs like easy resting without noise which is really a "unicorn" in places like Ruzafa.

[@juancardona2213]

100%, thank you for sharing

[@Tj123-h4f]

Spain is my favorite country! As a American man I'm looking at Spain as one of my favorite countries to live in when I leave the United States one day soon

[@scentlover4841]

Same here

[@asunsol]

@@robertomartinezrubio2832 Spain is very safe country!

[@user-lc2zi4dl2o]

@@robertomartinezrubio2832 Valencia is EXTREMELY safe.

[@rinGifts]

@@euskoferre exactly what I was thinking about moving to smaller towns for all the reason you mentioned above, but which one of these are your favorite one and why? if you can share your opinion with me, greatly appreciated!🤗

[@charlesharvey2164]

I just checked Idealista and there are 2 apartments available in the price range that I'm wanting. There were about 10 a few months ago. Less than 9 years before I retire, but still looking ahead.

[@AvFenix55]

I think we should not be so obsessed with moving to central neighborhoods like Russafa. An old neighborhood like Russafa is not going to increase the supply, and on the other hand it has been in fashion for years with more and more people looking for housing. If no new housing can be built and demand continues to rise, prices will go up even if there is no inflation.

[@somosdeamstrad]

Americans are so funny... They come here because they are tired of being exploited but as soon as they face the consequences of the "work to live" style (shops closed on Sunday, or a seller that does not do all what they expected them to do) they forget about it 😅. Also they often say to enjoy a vibrant city but then criticise that it is noisy... You cannot have everything... The sooner you realize this the sooner you will get happiness....

[@jameslarue4190]

We will move there next year. I understand the prices are going up. Good thing (hope same next year) that the euro and the dollar value are about the same. That will save me some $$$. Plus my house in USA is also going up every year in value. I will pay more to live somewhere I always wanted to go. Here I come Valencia (well, next year that is)

[@chipbhi]

We just spent a week in Valencia based on your thoughts about the city. We would also love to move there. It’s a great city. And I agree with you about Gran Vía being a charming neighborhood to live in.

[@davidcritchley3509]

They are always saying that life in Valencia is relatively cheap. But with demand exceeding supply, how can this be true? Then she mentions one problem after another in securing an apartment. With huge deposits being demanded. Hardly the leisurely life we imagine Spain to be.

[@Edodod]

Thanks for the informative video! 💯

[@bartsimpson955]

best videos hands down. honest and believable. thanks

[@theSSHITT]

This video is so timely! You are so right Antoanetta! We've had to downgrade from 2-bedroom apartments in Madrid to 1 bedroom. I heard inflation was only 10% in Spain, but not for housing because tourism has returned to 90% of pre pandemic levels. Those two factors combined made the housing prices soar! I am glad you quantified it! I agree that agents should do more. If you are the one finding all of the apartments, then agencies should waive the agency fee. If agents are not doing their jobs, it might be a sign of how tight the market is due to increased demand.

[@vir2ul1]

Hi Antoanetta, I agree completely with a couple of your comments regarding the rental process and agents (you were being very kind to them:)), and wanted to add some perspectives. As background, I just moved to Valencia from the US on a one-year NLV visa. My motivations were that I visited Valencia last October for one month and fell in love with it, and I was reminded how much more I enjoy the European lifestyle and cultural experience vs. the US. I'm very happy to be here. For three-months I searched for an apartment in Valencia from the US and found the process to be extremely frustrating for these reasons: 1) rental agents in Valencia do not provide the same basic services that I was accustomed to. I used one agent regularly and three others for several specific properties. Don't expect them to be searching for apartments and bringing you lists of possibilities. You need to find the apartments on your own, then see if you can get the agent to check them out for you. Don't expect fast responses. Don't be discouraged if you don't hear back at all or if they suggest other apartments that don't at all meet the requirements you gave them. Just keep searching. 2) Most of the apartments shown online on various sites are not actually available. (perhaps they exist solely to drive traffic and clicks to sell ads?). A lot of these might be available but only for very short term (i.e., airbnb-type), not for the 6-12 month term that you need if you're moving here. Eventually I discovered a company that specializes in helping expats with relocation, and they had an ideal apartment for me plus legal services which helped not only with the rental agreement but my patrón process once I arrived. I totally stumbled into them, so got very lucky. Life in Valencia looks very attractive, but the relocation process is not for everyone. You need to be very determined, patient and thick-skinned. It helps too to know some Spanish. And speaking of luck, however hard you work at things, you need a lot of luck, especially when searching for an apartment in Valencia :)

[@kristinamescobar]

Hi, I appreciate you sharing your thoughts and experiences apartment hunting in Valencia. I also am moving to Valencia with a NLV. I have an Airbnb secured for January, my first month there, but I am having so much trouble finding an agent that provides a decent level of service, even with my fluent level in Spanish. Would you mind sharing the company that you used to relocate and find an apartment? I would appreciate any leads... Thank you!

[@mojidoylevo]

Hi there, can you tell me who you used as a relocating service/company thank you.

[@michaelkhan2394]

Vir2ul1- Your feed back on your experience was very valuable with many gemstone you offered, would you also mind sharing the name or contact of the company you mentioned in helping expats relocate, thanks so much!

[@tamaramadelin4831]

Same everywhere it seems! We started looking for a bigger apartment in Lisbon, but found buying to be a better option...Our mortgage on a house (ok, not Lisbon center) in Lisbon us less than renting a small apartment! I feel like it's just going to keep getting more expensive and uncertain so we locked in with a fixed rate!! For us, it was a great decision and I feel lucky!

[@stevenstone307]

I don’t think this is a Valencia unique problem though, all of Europe has gotten way more expensive since Covid :(

[@yordaniv4403]

Great observation thank you always an insightful video!

[@ANTOANETTA]

You are welcome

[@BretStPete]

Great video...thanks for sharing. My wife and I would like to spend May, June, and July in Europe and Valencia is one of the places we'd like to spend a month or more in if we can afford it. Problem is that furnished apartments we've seen on Airbnb in Valencia are very expensive for these months and out of our budget. Do you have any tips on how we can find a furnished studio for about 800-900 Euros a month somewhere accessible to city center by public transport and walking?

[@somosdeamstrad]

Your videos are contributing to increase the demand and, consequently, to raise the prices...

[@antardayal298]

Check out San Francisco now!! It used to be very desirable, just like Valencia. Then rents, cost of housing doubling. Influx of people with money driving prices up even more, to the point where locals couldn't afford it anymore. - Homeless, criminals, generally undesirable people, squatters etc followed...And now it's finished. People are leaving by the thousands, shops are bankrupt, Uber, Facebook, big business moving out. - NO RAT RACE is worth it, not in Valencia, not in San Francisco. - That's exactly what we are running away from....I hope your Valencia city government knows what to do.

[@polymath9965]

Prices might be going up but still a great deal compared to maybe cities. Value!

[@ANTOANETTA]

For sure!! Still great!

[@theSSHITT]

that's so true. I often say that Madrid is one of the cheapest western european capital cities.

[@caballoloco100]

Minute 1:56 Wow, what a view. As people say in Spain: Nunca es tarde si la dicha es buena. Minute 3:16 Watch out, you are putting your life at risk 🤦‍♀️🚌 Minute 6:25 Yeah, l am with you. Property agents are just for quick profits (commissions). Minute 10:15 The régional government, the city hall and the railway operator have signed an agreement to develop a new railway underground station (tunel pasante) which will be completed by 2027 so the Central Park will be transformed over the next few year. It would be a good spot to film now and in a couple of years time if you still live in Valencia.

[@ANTOANETTA]

Yessss 🤩😉

[@JuanKis]

It has to be more neighborhoods than Rusafa, something at 10 min metro or bus ride. I understand why Rusafa is a magnet for expats but I'm pretty sure there is a lot of great areas out there.

[@d.c.sodyssey4783]

if landlords will only rent to someone with a working contract with a Spanish company at 7:00 min. somehow, how does any expat get around this.

[@crazydogmom35]

I was thinking the same thing

[@giladikel7009]

Thank you Antoanetta! I really appreciate your content and just subscribed to your channel. Which neighborhood do you think is still a good place to either buy or rent? I know that Cabanyal is getting gentrified, but as much as I love the beach, i really love the center in Valencia.

[@grigorimolotov2955]

You're saying the deals on Fotocasa are NOT for foreigners?

[@raymondfurgason8959]

I’m considering buying an investment home to rent to locals. Should I furnish it?

[@khaledabdalsalam1990]

Great video . Very informative

[@user-lc2zi4dl2o]

Valencia has been underrated for many years. Finally people start to realise what an amazing city this is. Prices go up, but NOTHING compared to prices in the rest of Europe. Valencia is still cheap and full of opportunities. And personally, i love the fact that it is getting busier and more cosmopolitan. I am here to stay!

[@Jamie-dz8dg]

Realtor in Valencia, perhaps?

[@user-lc2zi4dl2o]

@@Jamie-dz8dg no, why?

[@fineartlifestyling]

Love your videos and passion for life! So glad to find your channel! If you can share good real estate agents that would be awesome and appreciated :)

[@ANTOANETTA]

Thank you! Will do, it’s hit or miss with the agents.

[@DrJasonFHarris]

Can you do a video or give a reference on the upcoming law changes you mention about okupas? Thanks!

[@heyyou3137]

Simple. In an appartment you live usually, if someone go and take your house, up this moment It is a crime and this person can go to jail. But in your second house or your own possession you paid for It but It isn't your usual house where you live, this house could be "occuped" by an okupa or okupas. And this procedure don't go into the punishment procedure of Justice. You must pay a lawyer and this one must start was in latin calls interdictum possessiorum to take bake your second house

[@DrJasonFHarris]

@@heyyou3137 Soooo, we live outside the country half the time being digital nomads and traveling around the world and have the time at our apartment in the central city. We only have the Spanish home so it is our primary residence, but we are not always there. Does this mean the okupas can go to jail if they occupy the property? Also Antoanetta mentioned there are upcoming law changes around this. I would really like to know what those are and if there are more details around these changes? Thanks in advance!

[@heyyou3137]

Hello, you have someone in your circle of people who speaks well spanish? Cause I will tell you how it is in reality and its hard. I love my country but in those last 4 years this goes everyday worster. And im not telling this because I had any political opinions or Im Leftist or any other political political opinions I had. I know the reality with that. I can explain you the juridical ways you could do to protect your house. If you had someone who traduces well for me I tell you without any problem

[@Manana7016]

What about moving to a nearby smaller city or town?

[@Jamie-dz8dg]

Valencia has been on our early retirement radar for a couple of years now. Prices have definitely gone crazy. Thanks for the content, Antoanetta!

[@user-lc2zi4dl2o]

You can find the cheapest apartments of Europe in Valencia. I don't get your comment.

[@mutantmass5334]

Im looking for a 2 bedrooms flat without works inside for 160ke cash without fees... Its very hard to find them.... I look Camins el Grau district ,Aiora or La Saidia, Tres Forques... Hard to find... If you can help me ^^

[@elinaivanov8687]

In LA prices are way higher. Valencia still looks pretty attractive! Thank you

[@ANTOANETTA]

LA is sooo expensive

[@louaceveu1925]

LA is a rip off with lots of traffic, very poor air quality and lots of homeless. So sad!

[@user-lc2zi4dl2o]

Valencia is cheap as Fxxx 🙂

[@pushparajkudaw2551]

I sub, your explanation always so just hope I am achieving my laboral wok permi

[@raymondclark1657]

Thanks for the video, The exact same issues here in Mexico to find a rental, work ethic not good either.

[@tt-jc7sb]

I am planning to move to Valencia by golden visa. Can you help me to buy a house.

[@MeyTribe]

I remember having the same feeling, about the agents, in Bansko, Bulgaria. My friends who wanted to buy houses or apartments had to chase their agents and call them all the time- and I was like- they work on commission, and everyone is complaining that salaries are low- do they not want money ? Even renting from management companies and realtors myself, I would call some agency, they ask me what apartment I wanna see form the website, i'd say several of them, and try to describe what I am looking for... they would just say someone would call me back... and maybe after leaving 3-5 emails and more calls- someone would actually show me an apartment. I was really thinking about moving to Spain later this year, especially Valencia (I have a back problem and all my friends told me it would be great for me as the city is mostly flat to walk) but I would def not have this amount of patience LOL At least it doesn't sound as bad as Tel Aviv (where I am originally from) where even a decade ago the shortage of apartments was so high, that people would just pay anything, give out 3 months deposits, and even pay someone who's leaving an apartment 2 months rent to get the phone number of their landlord before they leave... Crazy. Will keep following you, glad I found your channel... Though it is a bit of a bubble bursting video about Valencia and possibly moving there. (and I just heard the 6-12 months deposit... what ?!?! do you know if that's the same case for Europeans? I will def not have a company contract cause I am self-employed).

[@marcinroszczyk8453]

My experience is that it is not worth the money. The quality of life is really low in the downtown Valencia, very noisy, crowded and relatively expensive for what you get. It is good for the bar lovers, but not if you are looking for a quality life. It is good for a touristic visit but not to live there. Unfortunatelly this is the same process that happens to all the hype cities , that just become popular and hoards of people just want to see them. Sorry Valencia you are soon going to have the same problems as BCN. Fortunatelly there are still plenty of authentic local cities and places which are not smashed by 'ryanair + airbnb'

[@marias5088]

Where in Spain would you recommend for older people to move to who don't like all the noise?

[@boobookitty4201]

@@marias5088 Toledo

[@marias5088]

@@boobookitty4201 Thank you!

[@sttarch5150]

Where I live, $2,500 is a bargain.

[@feroche]

but in Spain they pay a lot less than that for month, it has the lowest salary in europe

[@christineboydstrongtower]

Sounds like Spain isn’t as friendly as I thought. In California it’s called ‘’gouges ‘’ RIP’S‼️‼️

[@tramitram1316]

If you like it so much why don't you buy?!

[@dsego84]

seems cheaper than croatia right now

[@鄺劍雄]

❤❤❤❤

[@rafaelmurielcaso2427]

Buenas tardes. La nueva Ley de la Vivienda, de este gobierno, que ha entrado en vigor esta semana, se ha cargado el mercado inmobiliario, subida inmediata y exagerada, tanto de la compra como del alquiler, EN TODA ESPAÑA. En las grandes ciudades, nadie quiere alquilar, p q el gobierno ha favorecido a los okupas.

[@enriquevelasco4972]

Por qué hablas español??

[@edwardgomez3633]

They can not go up that much. Spaniards don’t make that much.

[@hectorortiz83]

There's no point of moving there, if it's just as expensive as Madrid & Barcelona

[@luismiguelsoria7985]

Madrid y Barcelona están saturadas de personas, tráfico y nivel de contaminación. Valencia es más un pueblo dentro de una ciudad con buenas playas y barrios Tranquilos, en definitiva calidad de vida lejos del estrés de Madrid y Barcelona

[@Ivan.Marky88]

Hello! My biggest threat as coming from Europe but not European Union - to what certain extent they check funds I'd transfer to buy a property?. My bank doesn't keep records longer than five years and my current Bank not longer than two years. In the other words I do not have documents regarding payments I have received!! Big part of it was on the crypto market (which means anonymous) and change from crypto to EUR currency (fiat) using OTC (over the counter). when making such a transection were paper trail does not exist. All my salaries before to or three years can not be backed by bank - no records. Am I completely screwed or there is a way around it? I don't want my money to be frozen on some account for months! That would be the worst scenario? Please help if you can. P.S. what if I open a company and put myself as a director, and company pays the property? Is it all the same or not? Thank you very much for reading all this. 🥸