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Valencia

Holiday Home or Permanent Move? Choosing the Right Property in Valencia

Before viewing a single property in Valencia, it helps to be honest about whether you'll live there full-time or visit a few weeks a year. The answer changes the ideal location, the paperwork you'll need, and the costs you should plan for.

Who is behind this page. Sókerim is a Spanish real-estate agency (Lyrio Home Solutions, S.L.) with offices in the Madrid region and Alicante and a network of about 1,000 collaborating agencies across Spain. We help people who live abroad find, buy and manage property in Spain, in English, from the first search to the keys.

Why the Decision Comes First, Not the Property

Many buyers from the United Kingdom start by browsing listings in Valencia before they've settled a more basic question: is this a place to live, or a place to escape to? The two answers point towards different streets, different sizes of property, and different legal steps. A flat that suits six weeks of summer holidays rarely suits a full-time household, and a family home bought for relocation can sit underused if plans change to occasional visits instead.

This isn't a minor detail to sort out later. It affects whether you need year-round services nearby, how much tax paperwork you'll face annually, and whether a tourist rental licence matters to you at all. Working through it early, with realistic timeframes, saves time and disappointment once you're comparing properties in Valencia.

A holiday home and a permanent move are two different projects, even when the budget and the area look similar on paper.

Buying in Valencia: what changes here

Valencia province combines the city of Valencia with coastal towns and inland countryside along Spain's eastern Mediterranean coast. It attracts buyers interested in urban amenities alongside beach access, as well as those seeking a lower-key alternative to more built-up coastal regions further south.

Valencia Airport provides good international connectivity, supporting both city-based buyers and those settling in nearby coastal or rural areas. Property types range from city apartments to coastal homes and traditional country houses, with tourist activity concentrated mainly in the summer season.

Before deciding on a home in Valencia (province), it helps to see the place in numbers: population, asking prices, transport links and climate, each dated and sourced. Together they offer a realistic grounding for anyone weighing up Valencia (province) for a permanent home, a holiday base or a rental.

Who lives in Valencia (province)

The province of Valencia as a whole, not merely its capital city, had 2,763,996 registered residents on 1 January 2025, according to the INE annual census. This figure covers every municipality within the province, from its largest towns to its smallest villages. Foreign nationals make up 439,728 residents of the province of Valencia, roughly 16 per 100 inhabitants. The figure is meaningful without being overwhelming, and it shifts noticeably depending on which town in the province you look at.

According to INE, only 9,350 British nationals were registered across the province of Valencia as of 1 January 2025. That low figure reflects the padrón's focus on year-round residents, excluding owners who use a property there only part-time. The following table shows the leading foreign nationalities registered in Valencia (province) on 1 January 2025, according to the municipal-level data INE makes available.

Nationality20252021Per 100 inhabitants
Colombia57,90719,0912.1
Romania39,27240,5461.4
Morocco33,77526,3421.2
Venezuela27,08312,6421.0
Ukraine24,0818,7220.9
China17,65114,2260.6
Argentina12,4595,1340.5
France10,3498,4490.4
United Kingdom9,3509,4920.3

Beyond the main nationalities listed above, the INE also registers smaller groups, Germans, Italians, Dutch, Belgians or Scandinavians among them, across Valencia province. This breakdown reflects 1 January 2022, the last edition counting every nationality individually, a different year from the table above.

NationalityRegistered residents
Italy18,743
Bulgaria15,354
Russia5,568
Germany3,729
Portugal3,274
Poland2,756
United States2,549
Netherlands2,333

What homes are advertised for in Valencia (province)

Of the 5,843 homes for sale across the province of Valencia, the median works out at €2,040/m², with a median ticket of €227,000 in our data. That is below the €3,135/m² median across the 130 towns we track, making the province one of the more affordable among them. Prices vary considerably from one listing to the next, though the bulk of the market, its middle half, falls between €1,340 and €2,930 per square metre.

Type of homeMedian asking price per m²Median asking priceAdverts
Flats and apartments€2,220/m²€225,0004,848
Houses and villas€1,350/m²€245,000995
All homes€2,040/m²€227,0005,843

On the median asking price in Valencia (province) of €227,000, transfer tax on a resale home at the regional rate of 9 % comes to about €20,400, plus roughly €2,700 for notary, land registry and gestoría. That brings the extra amount a buyer needs on top of the price to about €23,200, money that has to come from savings rather than the mortgage. The figures reflect asking prices in listings live on 2026-11-01, rather than prices actually paid. Final amounts are agreed through negotiation and vary with the state, location and orientation of each property.

Below is a comparison of the towns we follow in Valencia, covering inhabitants, foreign residents per 100 inhabitants and median asking prices per square metre across the province.

PlaceInhabitantsForeign residents per 100Median asking price per m²
Valencia841,55819.4€3,120/m²
Torrent91,35316.5no data
Gandia82,90926.0€1,710/m²
Xàtiva30,92514.2€1,000/m²
Sueca29,54414.3€1,710/m²
Oliva26,82022.8€1,560/m²
Cullera24,62120.7€2,460/m²

Holiday lets and long-term rental in Valencia (province)

Based on listings from the main holiday-rental platforms, INE's experimental statistic recorded 12,130 tourist dwellings in Valencia (province) in 05/2026, with 59,216 bed places, around 4 per 1,000 residents. That is a low presence overall, pointing to a largely residential housing market. Official data for Valencia (province) show a median long-term rent of €570 a month for a flat in 2024, calculated by the Ministry of Housing from 137,413 tax-declared contracts. The figure looks backward at long-term lets only, not at holiday rentals, and should not be read as a prediction. The same source shows that the middle half of all flats for long-term rent are priced between €430 and €750 a month.

How to reach Valencia (province) and its weather

Before booking, confirm that Aeropuerto de Valencia (VLC), the one commercial airport serving Valencia (province), has a connection from your home airport at the time of year you intend to fly, as this changes seasonally. The climate figures below were recorded in or near Valencia, the provincial capital, and conditions elsewhere in the province, inland, at altitude or on other islands, can differ noticeably. The mean temperature in January is 11.8 °C (average daily minimum 7.1 °C) and in August 26.1 °C (average daily maximum 30.2 °C), a cool-mild winter pattern. It is worth confirming how any property is heated before buying. With about 475 mm of rain a year on roughly 46 days, rain is neither scarce nor abundant here. The area records about 2,696 hours of sunshine a year. Climate data come from AEMET's 1981-2010 normals, recorded at its València station around 1 km away; the actual spot may vary a little, particularly further inland or higher up.

MonthMean °CAvg. max °CAvg. min °CRain (mm)Sunshine (h)
January11.816.47.137171
February12.517.17.836171
March14.419.39.633215
April16.220.811.538234
May19.023.414.639258
June22.927.118.622276
July25.629.721.58314
August26.130.221.920288
September23.527.919.170234
October19.724.315.277202
November15.319.810.847167
December12.617.08.148155

In the twelve months to 07/2026, 40,451 homes changed hands in the province of Valencia, INE figures show. Such activity tends to bring more reference prices and a larger selection for anyone searching. Bear in mind that these numbers reflect the province of Valencia overall; they shift a great deal between towns and between individual properties. Let us know what you have in mind so we can look at your case.

Sources and dates of the figures: INE, Censo anual de población (2025-01-01); INE, Estadística del Padrón continuo (1 de enero de 2022), provincias (2022-01-01); our group's own price bank, asking prices in active adverts (2026-11-01); Ministerio de Vivienda y Agenda Urbana, SERPAVI (2024); INE, Medición del número de viviendas turísticas (05/2026); INE, Estadística de Transmisiones de Derechos de la Propiedad (07/2026); OpenStreetMap contributors (ODbL); rutas OSRM (2026-10-05); AEMET, valores climatológicos normales (1981-2010).

Purchase costs in Valencia

The transfer tax on a resale home is set by each Spanish region. In Valencia the general rate is 9 %, and on top of it come notary, land registry and gestoría (roughly one more percent). On a new build you pay 10 % VAT plus stamp duty instead of the transfer tax. This money is not lent by the bank.

ItemOn a price of 250 000 €Set by
Transfer tax (9 %)22 500 €The region
Notary, registry, gestoría3 000 €Official fees
Approximate total25 500 €About 10,2 % of the price

Two Very Different Buyers, Two Very Different Briefs

Someone planning to relocate full-time to Valencia will usually prioritise proximity to schools, healthcare, public transport and everyday shops, even if that means a less scenic plot. Someone buying purely for holidays tends to prioritise the view, the beach or the golf course, and can tolerate a longer drive to the supermarket because they're rarely there outside peak season.

Neither choice is right or wrong, but conflating them leads to compromises nobody asked for: a holiday flat bought in a quiet residential street with no summer atmosphere, or a permanent family home chosen mainly for its pool and sea view, far from the services daily life requires.

Decide the purpose of the property before the search begins, not after you've fallen for a particular view.

What Changes If You Plan to Live Here Full-Time

A permanent move means registering as a resident, arranging a Spanish tax number (NIE) and, in most cases, a local bank account before completion. As the United Kingdom is no longer an EU member state, British citizens can stay in Spain for up to 90 days in any 180-day period without a visa; anyone planning to live there longer needs to apply for the appropriate visa or residence permit well in advance, since this takes time to arrange.

Day-to-day practicalities also weigh more heavily: internet reliability, public transport, proximity to a hospital, and whether the property suits ageing in place if that's part of the plan. A lawyer, while optional, is usual for foreign buyers precisely because these checks go beyond the property itself.

NIE

Your Spanish tax number

Needed to buy property, open a bank account, sign before a notary and register the deed at the Land Registry — whether you're moving permanently or buying a second home.

What Changes If It's Mainly a Holiday Base

If Valencia will mostly see you for a few weeks a year, the property brief shifts towards low maintenance, strong rental potential if you plan to let it out, and proximity to the things that make a holiday feel like one. Community fees and municipal property tax (IBI) still apply every year regardless of how often you visit, so an empty property is never a cost-free one.

If you intend to let it to tourists while you're away, check the regional licence requirements early: many areas and buildings restrict or regulate short-term rentals, and this can rule out properties that otherwise look ideal on paper.

FactorHoliday BasePermanent Move
Location priorityViews, beach, leisureSchools, healthcare, transport
Residence statusStays within 90/180 ruleVisa or residence permit required
Rental plansTourist licence if letting it outUsually not relevant
Annual tax filingNon-resident return (Modelo 210)Resident tax obligations apply

Practical Steps Before You Decide

Costs and Tax Obligations Don't Disappear Either Way

Whether Valencia becomes your home or your holiday retreat, the purchase itself carries transfer tax (ITP) set by the region for resale homes, or 10% VAT plus stamp duty for new builds, alongside notary, land registry and gestoría fees. Spain and the United Kingdom have a double taxation agreement in place, but a local adviser should confirm exactly how income or gains must be reported on both sides.

If you ever sell as a non-resident, the buyer withholds 3% of the price on account of your Spanish tax, and a municipal capital-gains tax (plusvalía) on the land value also applies. Since the United Kingdom uses pounds rather than euros, it's also worth factoring exchange-rate movements into any transfer of funds, both at purchase and later on.

If you live in the United Kingdom

Spain is a relatively short flight away from most UK airports, making regular visits to a Spanish property straightforward for owners based in Britain. Many British buyers are drawn to Spain for its climate, coastal lifestyle and established expatriate communities. One practical point to bear in mind is that Spanish inheritance law differs from UK rules, so it is worth taking specific advice on how it may affect the property and one's estate. Currency movements between sterling and the euro can also affect the overall cost of purchase and ongoing expenses.

What a Spanish bank will usually ask you for

Tax at home and in Spain

Spain and the United Kingdom have a double taxation agreement in place, and a local tax adviser should confirm how rental income or gains from Spanish property must be declared and reported to HMRC.

Staying in Spain

As the United Kingdom is no longer an EU member state, British citizens may stay in Spain for up to 90 days in any 180-day period without a visa, and must apply for a visa or residence permit for longer stays.

Since the United Kingdom uses the pound sterling (GBP) rather than the euro, buyers should factor in exchange-rate movements and currency conversion costs when paying for a property or transferring funds to Spain.

Frequently asked questions

If I'm not sure whether I'll relocate permanently, should I still buy in Valencia now?

It's possible, but worth being honest about the trade-offs. A property chosen for holidays may not suit daily life later, and one chosen for relocation might sit underused if plans change. Many buyers rent for a season first to test the area before committing to a purchase in Valencia.

Does the Golden Visa still apply if I buy a property in Valencia?

No. The Spanish Golden Visa route for property investors ended on 3 April 2025 and is no longer available. British citizens wanting to stay beyond 90 days in any 180-day period need to apply for a different visa or residence permit based on their own circumstances.

Can I let my Valencia property out to tourists while keeping it for my own holidays?

Possibly, but tourist rentals require a regional licence, and many areas or individual buildings restrict or prohibit them entirely. This needs checking before you buy, not afterwards, since it directly affects whether letting the property is realistic.

How does buying to live full-time affect my UK tax situation?

Spain and the United Kingdom have a double taxation agreement, but your residence status changes what you owe and where. A tax adviser should confirm how rental income or any future sale must be declared both in Spain and to HMRC, based on your personal situation.

Do I need a Spanish bank account just for a holiday home?

Usually yes, even for occasional use. It simplifies paying community fees, municipal property tax (IBI) and utilities throughout the year, and is generally required alongside your NIE to complete the purchase before a notary and register it at the Land Registry.

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