Valencia’s residential and office real estate market has been on the rise since 2018.
Companies are increasingly looking for alternative cities. And one of the most successful markets is Valencia. The average rent for office space in Valencia was around 14 € / m2 last year. While this year it could reach 15 euros.
But over time, the pulse of the sector has picked up in Valencia with the annual construction of almost 2,000 homes that meet the city’s needs. Our sector can help create new jobs,” defends Olmedo, who maintains that between 30 and 35% of the cost of a new building is for rates and taxes: “For each house between 150 and 190,000 euros, 45,000 are taxes and fees. “In 2018, more than 49,000 m2 have been contracted and 80.3 million euros have been invested,” adds Luis Gualtieri.
Our projects in Valencia are only in prestigious business areas with a demand that increases every year.