Last updated on June 21st, 2023
airbnb property for sale Valencia
Best known as the Ciutat de les Arts i les Ciències, Valencia is Spain’s third largest city located at the banks of the Turia river. It is almost impossible not to fall in love with Valencia and its rich culture as well as its picturesque beaches Malvarrosa and Cabanyal.
Among Valencia’s top landmarks, we can find the Serrans and Quart Towers, the Monastery of Sant Miquel dels Reis and the Carmen Quarter. This city is also known for its exquisite gastronomy and of course, we cannot forget to mention that their paella is one of the best in the world.
As a matter of fact, in 2021, Valencia recorded more than 3.2M arrivals, an increase of 90% compared to 2020 according to Spain’s National Statistics Institute (INE). This is perfect for property investors who want to cater to tourists’ accommodations.
If you are considering starting an Airbnb business in Spain, then you should first analyze the major costs, revenue and rental yield. It is also important to know the Airbnb rules in Valencia so that you can manage your listing without major problems.
Valencia is one of the top short-term rental markets in Europe which offers investors an interesting 6.1% gross rental yield.
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“Supported by its climate, its beaches, gastronomy and neighborhoods, Valencia is in the ranking of the best cities both to live in and to buy a property, only surpassed by Warsaw, the capital of Poland.”
– Miguel Marzal in Levante
Airbnb occupancy rates by city declare that an average host in Valencia can earn up to €21,191 during the peak seasons of July – August. With over 4,882 Airbnb listings in Valencia, it’s certainly a catch for property investors!
Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment in Valencia, which is an important step when buying a property investment in Spain.
This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!
Best Neighborhoods for Airbnb in Valencia
Let’s take a closer look at the important Airbnb key metrics to discover which is the most profitable neighborhood in Valencia, Spain. Filtered for a 1-bedroom apartment, here is a brief overview of some of the most recommended areas:
1. Camins al Grau
- Annual revenue: €25,252
- Average daily rate: €73
- Occupancy rate: 92%
2. En Corts
- Annual revenue: €26,742
- Average daily rate: €77
- Occupancy rate: 91%
3. El Carmen
- Annual revenue: €31,404
- Average daily rate: €95
- Occupancy rate: 87%
Is Property Investment Profitable in Valencia, Spain?
Using an Airbnb income estimator, it was discovered that a 2-bedroom apartment in Valencia City Center can generate an annual revenue of €45,560 with a steady occupancy rate of 88% and a nightly rate of €136.
airbnb property for sale Valencia
Cheap flats and houses for sale in Valencia
Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. You can buy profitable houses for sale in Valencia’s popular neighborhoods such as En Corts, Camins al Grau and Ruzafa or even flats and villas near the beach. However, it’s always best to ask for assistance from real estate agents to access unique properties during the development stage.
At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the profitable properties in Valencia along with the calculated gross rental yield, cash-on-cash return, and annual revenue:
airbnb property for sale Valencia
1. Studio-type Property for Sale Valencia
- 2.4 km from Valencia city center and 16 km from Valencia airport
- Asking Price: €49,000
| GROSS RENTAL YIELD | 36.23% |
| ANNUAL REVENUE | €17,754 |
| CASH ON CASH RETURN | 82.93% |
2. 1-Bedroom Type Property for Sale Valencia
- It is located east of the city and bordered to the north by Illa Perduda and Ciutat Jardí
- Asking Price: €96,000
| GROSS RENTAL YIELD | 27.33% |
| ANNUAL REVENUE | €26,234 |
| CASH ON CASH RETURN | 56.21% |
3. 2-Bedroom Type Property for Sale Valencia
- Very close to the university area and a few minutes’ drive from the city center
- Asking Price: €130,000
| GROSS RENTAL YIELD | 26.18% |
| ANNUAL REVENUE | €34,030 |
| CASH ON CASH RETURN | 52.76% |
4. 3-Bedroom Type Property for Sale Valencia
- 7 minutes walk from Ruzafa neighborhood
- Asking Price: €172,000
| GROSS RENTAL YIELD | 24.22% |
| ANNUAL REVENUE | €41,664 |
| CASH ON CASH RETURN | 46.90% |
5. 4-Bedroom Type Property for Sale Valencia
- 6 minutes from the beach and 12 minutes from the city center
- Asking Price: €240,000
| GROSS RENTAL YIELD | 28.40% |
| ANNUAL REVENUE | €68,161 |
| CASH ON CASH RETURN | 59.43% |
Conclusion
We can conclude that Valencia is a great place to live and invest in Airbnb properties since is one of the most profitable cities in Europe. The data points mentioned in this article for Valencia such as Airbnb occupancy rates, annual revenue, and average daily rate should be your primary basis before investing in a property.
To make sure that a property can generate a good cash flow, the right neighborhood should be studied and potential revenue should be calculated using an Airbnb income calculator. This is certainly what you need for success in the long run and to stand out among your competitors!
