Everyone sooner or later thinks about the opportunities to make money on investments. Real estate is often the first thing that comes to mind and it's not a bad option even for beginners. But where to buy and which market to choose? UAE, USA or maybe Spain? The latter is a promising asset fund for international investors and many today consider real estate in this country as a healthy alternative to other investment assets.
Against the background of the current changes in the global economy, the question arises what Spain can offer for potential investors. What are the strengths of the market and what profitability it promises. The last question deserves a separate conversation, for example, in the context of buying real estate to earn money on rent, but below we will analyze the issue of strengths. What can Spain offer? It is worth taking for example Valencia — one of the most actively developing autonomous communities of the country.
Advantages of Valencia
Strong tourism sector
The tourism data of the Valencian Community, and Valencia in particular, demonstrate that this region is one of the key tourist destinations not only in Spain, but also in Europe, both within the framework of domestic tourism and for foreigners.
This year it was especially obvious if you rely on data from the National Institute of Statistics of Spain (INE). According to them, Valencia has demonstrated hotel occupancy rates significantly higher than the national average. The region has almost reached pre-pandemic indicators in terms of the number of tourists attracted.
High profitability of investments
According to recent studies, the eponymous capital of the Valencian community is among the 10 most profitable cities in Europe for buying real estate when it comes to earning from rent. The region, in fact, ranks second in this list, ahead of other major eurozone cities such as Madrid and Barcelona in Spain or Paris, Berlin, Lisbon, London, Rome, Milan, Marseille, Porto and Brussels in Europe.
Safety and environmental friendliness
For the second year in a row, Valencia deserves the title of one of the most environmentally friendly, healthy and safe cities in the world. We are talking about ratings, which take into account such indicators as the current level of environmental pollution, personal safety and crime rate, life expectancy, quality of health care and even the number of hours of sunshine per year.
Rich culture
Every year, the «City of Arts and Sciences» in Valencia attracts hundreds of thousands of visitors. Important cultural sites such as the Principe Felipe Museum, Oceanografico, Agora and Palau de las Artes play an important role. Tourists looking for both entertainment and cultural leisure find many options here. Thanks to this, the capital of Valencia continues to gain fame and importance both nationally and internationally.
Prestigious universities
Many well-known world-class universities make Valencia one of the favorite cities among international students. Especially among those who are interested in learning Spanish, one of the most widely spoken in the world. This, in turn, helps to ensure the permanent employment of many rental apartments in the region.
Developed infrastructure
Thanks to the good infrastructure, many travelers do not hesitate to choose Valencia as a place to visit regularly. Not only for living in it, but also as a transit point for traveling. There is a large international airport in the region, large ports connecting the country with active Mediterranean traffic, huge networks of roads, including railway coverage, and metro lines.
Comfort for «digital nomads»
Together with all of the above, Valencia has been one of the key destinations for the migration of «digital nomads» for several years, people who work or do business remotely and can afford to do it from anywhere in the world. Due to the high emphasis on technological development, the development of modern Internet communication in the region, as well as all the aspects mentioned above, Valencia remains one of the most attractive places for this category of foreigners to move.