Why are Foreigners FLOCKING to this Spanish City?

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I explore Valencia with a local expert to see why so many people want to move here and what lifestyle options are available!

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Hola, Spain lovers! We're James and Yoly. James is a New Zealander, and Yoly is from Spain. We both live in Madrid. Our channel gives you a local insight into life in Spain and helps you experience this country like a local when you come to live (or visit!).

If that sounds like your kind of thing, bienvenid@!I

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5 years ago we paid 500€ a month for a 2 bed in the centre of Valencia practically. It's now between 1500 and 2k. Its shocking buts its how it is. Average salary is 1, 200/300€ . Same situation everywhere

owenriddle
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Spanish guy currently living in Melbourne . After moving to a different country can't wait to move back home. VIVA ESPAÑA

Jon-jnzx
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Yes, Valencia is a great area here in Spain but the secret is out and more people are moving here. Rent prices keep increasing and availability of apartments is tight.

mizginavale
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Side note: you mention rents like 1k or 1.8k a month and while that can be a reasonable price for people from other countries its a dramatic situation for local people. Minimum legal wage in Spain is 1134e/month which means that many earn that or even less. The majority of people dont gain more than 2k/month. The tourism is destroying the locals, specially in Valencia.

Anastasiaknt
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American who has been living here for six years. Valencia is my favorite city in Spain.

madhavyu
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I think cities worldwide need to get a grip of this problem which I believe is mainly due to people harvesting the property market for short term letting.
Drives up the cost of property & rental market.

furryrug
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Let´s not forget that the people from Pego (only 76 Km away) IN Alicante rejected and avoided to have Eurodisney built in the middle of a wetland natural area, in order to avoid the drastic change that it would have meant!!!! HATS TOURISM IS GOOD ... BUT WITH

fernandosegui
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Europe is SO expensive compared to southeast Asia. An apartment in Valencia as she said is $1, 500 a month. I’m paying $200 a month for a fully-furnished 1-bedroom apartment with a balcony, free water and Internet, and a 50 inch Smart TV in Siem Reap, Cambodia. English is spoken and the US dollar is used. What’s not to love?

wesgraham
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It would have been super interesting to know how someone from Valencia feels about gentrification and rising rent prices. Of course British or people from USA can afford those houses… it is def a good value for money for them.

sarandonga
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I’m Valencian 100%, all my grandparents are Valencian, and I love the fact that more and more people are thinking of moving here. House prices are going up, true, but this is happening all over the world not just here, and gentrification happens also within Valencian people, moving from one area to another. I was brought up in Cabanyal, then moved to Russafa, then to the City Centre, and now I live in the outskirts. This is what people do, move from place to place, and prices go up when an area becomes trendy. Of course, I don’t like millions of tourists from cruises in the streets of Valencia or silly hen or stag parties, but people from other countries moving here, I love it.

Valencianet
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Living here for over a year now and I can safely say that buying and renting prices Kate mentioned are 3 years old, really outdated. Current prices are around 30% higher

MindYourself
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Ah Valencia! I visited a month ago via a cruise and had no expectations. A nondescript coach transfer through a few functional neigbourhoods from the port and again the city didn't seem that remarkable. But a short walk over the parks inside the former course of the river Turia, through the Torres de serranos, what a glorious sight awaits! The old centre is the most splendid medieval quarter I've seen in any city. The plazas are gorgeous, the alleyways and nooks and crannies make exploring exciting. Then you end up closer to the port again and those fabulous brand spanking new buildings pop up leading down to the Oceanagraphic centre. The new expertly blended with the old. I loved the place.

Benmkent
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My adopted City, having married a local. Beautiful city, great people

TP-
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There are so many great cities in Spain, Valencia is one but not the only one

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Same in Valencia town in the Philippines in the province of Negros Oriental. The town Valencia has many foreigners residing there as it's cool and close to nature rather than living in Dumaguete the capital of Negros Oriental, Philippines. It's not a surprise as the Philippines was colonized by Spain many centuries ago back in 1567.

marijolivitzky
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We went to Valencia last year. Wow. What a beautiful city. Lovely old town. Beaches. Parks. Just stunning.

-jamthesun
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The problem, serious for me, is the heat at Summer, doesn't drop off from 28 °c at night....!!!80%humidity...

jorgeruizibanez
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I can tell I am from Valencia and the last months I see more foreigners than locals everywhere

javierjativa
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Given its popularity in the past years, Valencia has turned into a magnet for tourist and immigrants alike. Regardless if they're coming from the US or from other parts of Europe, Valencia seems to be on everyone's mind. It is indeed true that it got quite expensive in the past years due to this and as a consequence, rent increased all over the place (the fact that it's also a quite big destination for students due to its many universities does not help the situation) and it's becoming increasingly hard to rent an affordable place. It reminds me of Barcelona where this bubble is heavily speculated by both locals and companies who buy a lot of flats and then let them out, pricing them for the "foreign" pockets rather than the local ones.

I still love Valencia, it's a perfect city for me but as usual, there are two sides of each coin so I guess this is the "price" Valencia has to pay for its soaring popularity.

Necessary_Chemical
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In Sueca you get a Modernista house with original tiles and woodwork for peanuts, and a train station to pop up to Valencia. Cullera for beach and fun. Win-win.

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