Valencia is a city steeped in history, renowned for its Mediterranean lifestyle that appeals to many. However, the capital of the Turia also offers luxury and exclusivity, being home to some of Spain’s most sought-after areas.
Are you curious about Valencia's most expensive neighbourhoods? Explore the city’s top locations for luxury and exclusivity and discover the prices of its most prestigious homes.
History of Valencia
Founded by the Romans in 138 BC, Valencia has undergone significant transformation over the centuries. Every civilisation to have passed through has left its mark, from the Visigoths to the Moors, who turned the city into a cultural and commercial hub.
Following the Reconquista in the 13th century, Valencia became part of the Kingdom of Aragon and, later, one of the most prosperous kingdoms within the Crown of Aragon. This period marked the beginning of a golden age for the city, evident in its striking Gothic architecture and the flourishing of trade.
In more recent times, Valencia has managed to combine its historical legacy with modernity. The City of Arts and Sciences is a clear example of how the city has evolved, becoming a cultural and architectural reference point worldwide.
Valencia's luxury neighbourhoods
Valencia, known for its rich history and vibrant culture, is also home to some of Spain's most high-end neighbourhoods. One of the most iconic is El Pla del Real, known for its elegant avenues and proximity to the Turia Gardens and considered by many to be the richest neighbourhood in Valencia.
Another notable neighbourhood is l'Eixample, famous for its modernist buildings and social life, and ideal for those seeking an urban lifestyle without giving up luxury. In this area, the most outstanding feature is the elegant El Pla del Remei, in a privileged location between Colón and Gran Vía.
On the other hand, certain areas of Ciutat Vella stand out, such as Sant Francesc, La Seu and La Xerea, where historical monuments blend seamlessly with both traditional and modern elements. Meanwhile, neighbourhoods like Penya-Roja and Ruzafa are also renowned for their exclusivity.
The most expensive properties in Valencia on idealista
The property market in Valencia has seen significant growth, especially in the luxury segment. A good way to discover what the city has to offer is by looking at its top-rated properties. Here are some of the most expensive properties in Valencia.
- An avant-garde duplex penthouse with a swimming pool and panoramic views of the Turia Garden in El Pla del Real, valued at €8,600,000.
- This luxury penthouse in a stately building of almost 600 square metres in the La Xerea neighbourhood is on the market for €4,700,000.
- An elegant flat in a modernist building with great lighting on calle Conde Salvatierra in El Pla del Remei for €3,500,000.
- A penthouse on Gran Via del Marqués del Turia in the modernist building of Casa Ortega in Pla del Remei for €2,600,000.
- A classic luxury flat in Sant Francesc of more than 300 square metres in an emblematic building for €2,300,000.
Which famous people live in Valencia?
Valencia, famed not only for its rich history and vibrant culture but also for attracting celebrities, has become a sought-after destination for notable figures. In recent years, personalities such as actress Inma Cuesta, known for her role in Snow White and the highly successful series Águila Roja, and actor Miguel Ángel Silvestre, internationally recognised for his roles in the series Sin tetas no hay paraíso and Velvet, have chosen to call Valencia their home for a time.
In the world of sport, other well-known figures who have lived in Valencia include Ferran Torres, the former Valencia player now at Barcelona, and golfer Sergio García. Additionally, actress Ana Milán, who currently resides in Madrid, has spent much of her life in her hometown, the Valencian capital.
How much does it cost to buy a house in Valencia?
The real estate market in Valencia has experienced remarkable growth in recent years, especially in its more expensive neighbourhoods. Buying a home in this city can be a significant investment, depending on the location and characteristics of the property.
A crucial aspect to consider when buying a home is the effort rate, which measures the percentage of household income allocated to paying the mortgage. According to idealista's latest report, Valencia has the fourth-highest effort rate in Spain among large cities, with 40% of household income allocated to housing.
The price per square metre in Valencia
The Valencian capital, with its Mediterranean charm and rich cultural offering, has become a sought-after destination for those looking to invest in the real estate market. The price per square metre in Valencia as of December 2024, the price for the entire city will be €2,836. For rent, the figure is €14.90 per square metre.
However, these prices rise if we look at the city's most exclusive areas. This is the average price per square metre in Valencia's most luxurious neighbourhoods.
| Neighbourhood (district) | Average price per m2 (December 2024) |
| Remei Square (Eixample) | €4,899 |
| Grand Via (Eixample) | €4,364 |
| Exhibition (Pla del Real) | €4,304 |
| The Cathedral (Old City) | €4,253 |
| Sant Francesc (Old Town) | €3,936 |
| Market (Old Town) | €3,933 |
| La Xerea (Old City) | €3,821 |
| Ruzafa (Eixample) | €3,731 |
| Sant Pau (Bell Tower) | €3,697 |
| El Carme (Old City) | €3,686 |
If you're considering buying or renting in Valencia, here is the current selection of properties, allowing you to explore the types of homes and neighbourhoods that interest you most.
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