Can I buy a flat in Valencia and rent it to tourists?

Mostly not as a new business. Rules approved in March 2026 cap tourist use in each neighbourhood and allow new tourist flats only on ground and first floors with their own street door; Ciutat Vella has its own plan. Buy for long or mid-term rent instead, where gross yields run at about 5.5–6%.

How much transfer tax do I pay on a resale home in Valencia?

9% of the price, or 11% when the home is worth more than €1 million. On a €400,000 flat that is €36,000. A new build pays 10% VAT plus 1.4% stamp duty (AJD) instead. Notary, registry and your lawyer come on top; the cost calculator adds them up for you.

Is flooding a risk around Valencia?

In parts of the metro area, yes. The October 2024 DANA flood hit l'Horta Sud, south of the city (Paiporta, Catarroja, Alfafar and others). The regional flood map, PATRICOVA, shows the flood level of each area; check it for any home you consider there.

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Comunitat Valenciana

Buying property in Valencia

A real city on the sea, rated first by expats

Buy property in Valencia city and you get Spain's third city at a price that still works: asking prices average €3,473 per m² (idealista, September 2026), up 5.1% in a year. Foreign residents rate it highly: it came first of 53 cities in the InterNations Expat City Ranking 2024. A historic centre, more than 9 km of park along the old Turia riverbed, city beaches and an AVE train to Madrid in under two hours make it a place to live all year, not a resort. Most buyers here already live in the city or are moving to it for good: remote workers, families and retirees.

Why buy here

First of 53 cities in the InterNations Expat City Ranking 2024
AVE to Madrid in about 1 hour 50 minutes
Valencia airport: a record 2025, with 10.9 million passengers by November
City beaches at Cabanyal and Malva-rosa, and El Saler to the south
The Turia gardens: more than 9 km of park through the city
Transfer tax of 9% on resale homes, down from 10%

Lifestyle

Ruzafa and El Carmen for cafés, markets and old buildings with high ceilings. The Pla del Real and Extramurs for quieter family streets next to the Turia gardens. Cabanyal and Malva-rosa for flats a few minutes' walk from the beach. The City of Arts and Sciences sits at the end of the Turia park, and both the airport and the AVE station are inside the metro area.

Investment outlook

Gross rental yields: about 5.5–6% (Brains Real Estate puts the city at 5.6%, Q2 2026). Most central neighbourhoods net 3.5–4.5% after costs (OCU, July 2026). Since March 2026 the city caps new tourist flats by neighbourhood, so buy for long or mid-term rent, or to live in. Prices rose 5.1% in the year to September 2026, and 12.9% in the beach districts.

Non-resident foreigners bought 1,329 homes in Valencia province in the four quarters to June 2026, according to MIVAU notarial data. See every province

Work out the purchase costs in Valencia

Frequently asked questions

Mostly not as a new business. Rules approved in March 2026 cap tourist use in each neighbourhood and allow new tourist flats only on ground and first floors with their own street door; Ciutat Vella has its own plan. Buy for long or mid-term rent instead, where gross yields run at about 5.5–6%.
9% of the price, or 11% when the home is worth more than €1 million. On a €400,000 flat that is €36,000. A new build pays 10% VAT plus 1.4% stamp duty (AJD) instead. Notary, registry and your lawyer come on top; the cost calculator adds them up for you.
In parts of the metro area, yes. The October 2024 DANA flood hit l'Horta Sud, south of the city (Paiporta, Catarroja, Alfafar and others). The regional flood map, PATRICOVA, shows the flood level of each area; check it for any home you consider there.

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