Last updated on June 21st, 2023
best places to airbnb in valencia
Key Takeaways
• Valencia’s overall financial stability, population growth, low crime rates, and reasonable living cost have helped various hosts to earn a nice income stream.
• Discover what real estate investors can expect when investing in Airbnb properties in Valencia.
• Find out the top 10 profitable areas for real estate investments around Valencia along with their respective Airbnb data.
Introduction
Nestled on the western part of the Mediterranean Sea and the eastern coast of the Iberian Peninsula, we can find the cosmopolitan city of Valencia. This charming city is a place that can easily leave a strong impression on people with its fascinating historic center and futuristic views.
Valencia offers plenty of cultural attractions and pristine beaches that can capture your heart at first sight. Moreover, it’s one of the best-loved cities to live in Spain since it offers a good quality of life, pleasant weather conditions, and a solid economy.
According to Airbnb, Valencia is one of Spain’s trendy family-friendly cities that stand out when it comes to domestic travel! The portal also mentioned listings near the Valencian vineyards offer an even greater financial experience to Airbnb hosts.
In this article, we talk about the best places to Airbnb in Valencia, Spain and what expectations to have for real estate investments here. Continue reading to learn more about this market!
Why invest in real estate in Valencia?
Valencia is an interesting market to buy a property in from the perspective of real estate investors if we consider the many advantages it offers. Check out some of the major reasons why investment properties in Valencia are an excellent idea:
Stable economy
Overall, Valencia’s economy is characterized by being highly dynamic and innovative. The city is home to a wide range of multinational companies and startups. Thanks to this, the city also offers an attractive job market with a wide variety of opportunities.
Affordable cost of living
Valencia offers a reasonable living cost that is cheaper compared to other major Spanish metropolitan areas and other European cities. As a matter of fact, Valencia’s cost of living is cheaper than 71% of cities located in Western Europe as confirmed by Expatistan.
Investors can also see Valencia’s housing and rent market in a positive light since its demand is strong with reasonable property prices and high rental returns. On top of that, the city is regarded as one of the most profitable cities to invest in Spain. The average property price in Valencia is €210,000 and the median value per square meter is €1,151.
A great place to live
Valencia has been enjoying steady population growth in recent years thanks to its reasonable living cost and great quality of life. In fact, it’s regarded as an ideal place to live and work in Spain.
In addition to its attractive job market, Valencia also offers a high-quality education, a reliable public transportation network, and plenty of recreational facilities.
Plethora of leisure options
Valencia is home to the largest historic center in Spain, owning a fascinating historical heritage with plenty of monuments and scenic and cultural spaces. In fact, the city is a top destination that attracts a high flow of domestic and international visitors alike.
Valencia’s streets have a unique charm that invites you to go for a stroll and admire the majestic views of the Mediterranean Sea and its beaches. Among its top landmarks, we can find the Valencia Cathedral, The City of Arts and Sciences, and La Lonja.
Of course, we must also mention that Valencia also offers exquisite gastronomy, so you can’t miss out on its delicious food! Especially its signature dish: the paella, which will surely leave your mouth watering and wanting for more!
Is Airbnb Profitable in Valencia?
Airbtics confirms that Airbnb investment properties in Valencia are lucrative. Additionally, it’s also one of the top 5 leading Airbnb cities in Spain according to our previous blog! However, there are still some factors that investors should consider such as the best property types and location before they invest in Valencia.
It’s also a good idea to be prepared beforehand and learn about the existing Airbnb regulations in Valencia to avoid breaking the rules.
According to Airbtics’ data, an Airbnb host can expect annual revenue of €36,873 with a steady occupancy rate of 90% for operating a 2-bedroom property in Valencia.
Best Areas to Invest in Real Estate Around Valencia
Valencia is the third most populous metropolitan area in Spain and has around 78 neighborhoods, each of them with its own distinct personality and charm. Consequently, you can expect that the profitability of each area is different.
So you may wonder, “Where should I buy an investment property in Valencia?” Don’t worry, we got you! So, check out the best areas in Valencia that are highly recommended for starting an Airbnb business:
1. Ciutat Vella
- Total Number of Airbnb Listings: 1,113
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): €455,000
- Airbnb Annual revenue: €54,585
- Gross rental yield: 12%
2. Russafa
- Total Number of Airbnb Listings: 210
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €243,000
- Airbnb Annual revenue: €38,621
- Gross rental yield: 15.89%
3. Benimaclet
- Total Number of Airbnb Listings: 105
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): €250,000
- Airbnb Annual revenue: €38,291
- Gross rental yield: 15.32%
4. Extramurs
- Total Number of Airbnb Listings: 497
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €240,000
- Airbnb Annual revenue: €37,003
- Gross rental yield: 15.42%
5. El Cabanyal
- Total Number of Airbnb Listings: 546
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €230,000
- Airbnb Annual revenue: €36,054
- Gross rental yield: 15.68%
6. Mont-Olivet
- Total Number of Airbnb Listings: 140
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €199,000
- Airbnb Annual revenue: €35,977
- Gross rental yield: 18.08%
7. En Corts
- Total Number of Airbnb Listings: 106
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €250,000
- Airbnb Annual revenue: €35,562
- Gross rental yield: 14.22%
8. La Saidia
- Total Number of Airbnb Listings: 287
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €265,000
- Airbnb Annual revenue: €34,272
- Gross rental yield: 12.93%
9. Jesús
- Total Number of Airbnb Listings: 188
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €160,000
- Airbnb Annual revenue: €34,182
- Gross rental yield: 21.36%
10. Ayora
- Total Number of Airbnb Listings: 421
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €180,000
- Airbnb Annual revenue: €32,276
- Gross rental yield: 17.93%
Summary
Valencia’s neighborhoods are indeed unique and offer plenty of promising investment opportunities to property investors. There are many profitable locations that can bring attractive rental yields and annual revenue, albeit it’s always recommended to analyze them carefully!
After getting an overview of the best places to Airbnb in Valencia, go further and take a check out at Airbtics’ Airbnb profit calculator, so that you can maximize your gains and stand out among your competitors!
Explore The Most Profitable Airbnb Locations in Valencia
