Authored by the expert who managed and guided the team behind the Spain Property Pack
Yes, the analysis of Valencia's property market is included in our pack
You want to buy an apartment in Valencia, but you're not sure how much it will actually cost you in 2026.
This guide gives you clear, realistic price ranges for apartments of every size, plus all the extra costs foreigners often overlook.
We constantly update this blog post with fresh data from authoritative Spanish sources so you always have the latest numbers.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Valencia.
Insights
- Valencia apartment prices jumped around 14% in 2025, but when adjusted for Spain's 3% inflation, the real increase was closer to 11%, making it one of Spain's fastest-growing markets.
- The gap between asking prices on Valencia portals and actual transaction prices typically runs 5% to 12%, so budgeting at around 8% below listed prices is a smart starting point for negotiations.
- Foreign buyers in Valencia need roughly 40% to 45% of the purchase price in cash upfront, combining a 30% down payment with 12% to 14% in closing costs and taxes.
- Valencia's transfer tax (ITP) drops from 10% to 9% on June 1, 2026, so timing your purchase after this date could save you thousands of euros on a typical apartment.
- L'Eixample remains Valencia's priciest neighborhood at around 5,300 euros per square meter, while Natzaret offers entry points as low as 1,900 euros per square meter.
- New-build apartments in Valencia carry a premium of about 15% over existing homes, driven by stricter energy efficiency standards and limited new construction within the city.
- Valencia's vacancy rate for rentals sits at just 3%, well below the historical 4% to 5% average, which signals strong underlying demand and supports property values.
- Budget-friendly districts like Benicalap and Rascanya offer prices 30% to 40% lower than central Valencia, though buildings may need extra scrutiny for elevator presence and maintenance reserves.
- Annual property tax (IBI) in Valencia is calculated on cadastral value, not market value, so a 240,000 euro apartment might only pay 600 to 900 euros yearly in IBI.
How much do apartments really cost in Valencia in 2026?
What's the average and median apartment price in Valencia in 2026?
As of January 2026, the average asking price for apartments in Valencia is around 285,000 euros (approximately $330,000 or 285,000 EUR), while the median transaction price sits closer to 235,000 euros ($272,000 USD), since expensive properties in prime districts like L'Eixample pull the average up.
When you look at price per square meter in Valencia in 2026, average asking prices hover around 3,400 euros per square meter ($365 per square foot or $3,950 per square meter), while actual deal prices tend to land closer to 2,850 euros per square meter ($305 per square foot or $3,300 per square meter).
The typical price range that covers most standard apartments in Valencia in 2026 runs from 160,000 to 520,000 euros ($185,000 to $600,000 USD), with entry-level one-bedrooms starting around 90,000 to 150,000 euros and luxury renovated apartments in central districts reaching 800,000 euros or more.
How much is a studio apartment in Valencia in 2026?
As of January 2026, a typical studio apartment in Valencia costs around 125,000 euros ($145,000 USD), though studios are priced higher per square meter than larger units because of their small surface area and strong rental demand in central neighborhoods.
The realistic price range for entry-level to mid-range studio apartments in Valencia runs from 95,000 to 130,000 euros ($110,000 to $150,000 USD), while high-end or luxury studios in prime areas like Russafa or Ciutat Vella can reach 150,000 to 180,000 euros ($175,000 to $210,000 USD).
Studios in Valencia typically measure between 30 and 40 square meters, though you can find smaller micro-studios around 25 square meters in renovated historic buildings and slightly larger ones up to 45 square meters in newer developments.
How much is a one-bedroom apartment in Valencia in 2026?
As of January 2026, a typical one-bedroom apartment in Valencia costs around 175,000 euros ($203,000 USD), making it the most accessible entry point for buyers who want a bit more space than a studio.
The realistic price range for entry-level to mid-range one-bedroom apartments in Valencia runs from 135,000 to 190,000 euros ($156,000 to $220,000 USD), while high-end or luxury one-bedrooms in neighborhoods like L'Eixample or renovated Ciutat Vella can reach 210,000 to 280,000 euros ($243,000 to $325,000 USD).
One-bedroom apartments in Valencia typically measure between 45 and 60 square meters, with older buildings in traditional neighborhoods often offering larger floor plans than modern new-builds.
How much is a two-bedroom apartment in Valencia in 2026?
As of January 2026, a typical two-bedroom apartment in Valencia costs around 240,000 euros ($278,000 USD), representing the core market segment for owner-occupiers and families in the city.
The realistic price range for entry-level to mid-range two-bedroom apartments in Valencia runs from 190,000 to 260,000 euros ($220,000 to $300,000 USD), while high-end or luxury two-bedrooms in premium districts can reach 290,000 to 400,000 euros ($336,000 to $464,000 USD).
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Valencia.
How much is a three-bedroom apartment in Valencia in 2026?
As of January 2026, a typical three-bedroom apartment in Valencia costs around 330,000 euros ($382,000 USD), offering the space that families with children or those working from home often need.
The realistic price range for entry-level to mid-range three-bedroom apartments in Valencia runs from 250,000 to 350,000 euros ($290,000 to $406,000 USD), while high-end or luxury three-bedrooms in sought-after areas can reach 420,000 to 650,000 euros ($487,000 to $754,000 USD).
Three-bedroom apartments in Valencia typically measure between 95 and 120 square meters, with some older buildings offering even larger floor plans of 130 square meters or more in traditional layouts.
What's the price gap between new and resale apartments in Valencia in 2026?
As of January 2026, new-build apartments in Valencia typically cost 10% to 15% more than comparable resale apartments in the same area and condition level, driven by modern energy efficiency requirements and limited new construction supply.
The estimated average price per square meter for new-build apartments in Valencia in 2026 is around 3,250 to 3,500 euros ($3,770 to $4,060 USD or $350 to $375 per square foot), depending on location and developer quality.
For resale apartments in Valencia, the estimated average price per square meter in 2026 runs from 2,600 to 3,000 euros ($3,015 to $3,480 USD or $280 to $320 per square foot), with well-maintained properties in good locations commanding prices closer to the higher end of that range.
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Can I afford to buy in Valencia in 2026?
What's the typical total budget (all-in) to buy an apartment in Valencia in 2026?
As of January 2026, the typical all-in budget to buy a standard two-bedroom resale apartment in Valencia is around 270,000 to 280,000 euros ($313,000 to $325,000 USD), based on a 240,000 euro purchase price plus roughly 12% to 14% in additional costs.
The cost categories typically included in the all-in budget beyond the purchase price in Valencia are the transfer tax (ITP) at 10%, notary fees, property registry fees, gestoria (administrative agent) fees, and lawyer fees if you choose to hire one, which foreign buyers usually should.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Valencia property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Valencia.
What down payment is typical to buy in Valencia in 2026?
As of January 2026, the typical down payment for foreign buyers purchasing an apartment in Valencia is around 30% of the purchase price, which means roughly 72,000 euros ($83,500 USD) on a 240,000 euro apartment, plus you need another 12% to 14% in cash for closing costs.
The minimum down payment that most Spanish banks require for non-resident foreign buyers is usually 30% of the purchase price, though some banks may ask for 35% to 40% depending on your financial profile and the property type.
To secure favorable mortgage terms in Valencia, a recommended down payment is 35% to 40% of the purchase price, which demonstrates financial strength to the bank and often unlocks better interest rates, currently averaging around 2.85% for new mortgages in Spain.
You can also read our latest update about mortgage and interest rates in Spain.
We made this infographic to show you how property prices in Spain compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
Which neighborhoods are cheapest or priciest in Valencia in 2026?
How much does the price per m² for apartments vary by neighborhood in Valencia in 2026?
As of January 2026, the price per square meter for apartments in Valencia ranges from roughly 1,900 euros ($2,200 USD or $200 per square foot) in the most affordable neighborhoods to over 5,300 euros ($6,150 USD or $570 per square foot) in the most expensive areas, representing nearly a three-fold difference across the city.
The most affordable neighborhoods in Valencia for apartment buyers in 2026 are Natzaret, Benicalap, Rascanya, L'Olivereta, and Jesus, where typical prices per square meter run from 1,900 to 2,500 euros ($2,200 to $2,900 USD or $200 to $270 per square foot).
The most expensive neighborhoods in Valencia in 2026 are L'Eixample (especially Pla del Remei), Ciutat Vella, and parts of El Pla del Real, where prices per square meter can reach 4,000 to 5,300 euros ($4,640 to $6,150 USD or $430 to $570 per square foot).
By the way, we've written a blog article detailing what are the current best areas to invest in property in Valencia.
What neighborhoods are best for first-time buyers on a budget in Valencia in 2026?
As of January 2026, the top three neighborhoods best suited for first-time buyers on a budget in Valencia are Benicalap, Rascanya, and L'Olivereta, all offering significantly lower prices than central districts while still providing decent transport links and local services.
The typical apartment price range in these budget-friendly Valencia neighborhoods runs from 120,000 to 200,000 euros ($139,000 to $232,000 USD) for a two-bedroom unit, compared to 250,000 euros or more in central areas for similar space.
These budget-friendly neighborhoods offer first-time buyers in Valencia good metro and bus connections, local markets, schools, and parks, with Benicalap particularly benefiting from ongoing service improvements and newer housing stock in some sections.
The main trade-off of buying in these budget-friendly Valencia neighborhoods is that buildings may be older with variable maintenance levels, so buyers should carefully check for elevator presence, community finances, and any planned major works before committing.
Which neighborhoods have the fastest-rising apartment prices in Valencia in 2026?
As of January 2026, the top three neighborhoods with the fastest-rising apartment prices in Valencia are Quatre Carreres, Poblats Maritims (including Cabanyal), and Benimaclet, all benefiting from urban redevelopment projects and strong lifestyle demand from young professionals and expats.
The estimated year-over-year price increase for these fast-appreciating Valencia neighborhoods runs from 12% to 18%, outpacing the citywide average of around 14% growth seen in 2025.
The main driver behind rapid price growth in these Valencia neighborhoods is a combination of improved infrastructure, proximity to the beach or university areas, relatively affordable starting prices compared to the historic center, and growing appeal among international remote workers seeking a Mediterranean lifestyle.
You can also read our latest update about property price forecasts in Valencia.
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What extra costs will I pay on top of the apartment price in Valencia in 2026?
What are all the buyer closing costs when you buy an apartment in Valencia?
The estimated total buyer closing cost for a typical resale apartment purchase in Valencia is around 28,000 to 34,000 euros ($32,500 to $39,500 USD) on a 240,000 euro property, representing roughly 12% to 14% of the purchase price.
The main categories of closing costs buyers must pay in Valencia include the transfer tax (ITP) or VAT plus stamp duty for new builds, notary fees for the public deed, property registry inscription fees, gestoria (administrative agent) fees, and optional but recommended lawyer fees.
The largest closing cost expense for buyers in Valencia is by far the transfer tax (ITP), which accounts for about 10% of the declared value on resale properties as of January 2026, dropping to 9% after June 1, 2026, and rising to 11% for properties valued above one million euros.
Some closing costs in Valencia are negotiable or can vary between transactions, particularly lawyer fees (typically 1% to 2% of purchase price), gestoria fees, and any bank-related costs if you take a mortgage, while notary and registry fees follow regulated scales with limited flexibility.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Valencia?
The typical percentage of the purchase price that buyers should budget for closing costs in Valencia is around 13%, which provides a comfortable buffer to cover all standard expenses without unpleasant surprises at completion.
The realistic low-to-high percentage range that covers most standard transactions in Valencia runs from 11.5% on the low end for straightforward resale purchases with no mortgage to about 14% for new builds or more complex transactions involving additional professional services.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Valencia.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Spain versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the ongoing monthly and yearly costs of an apartment in Valencia in 2026?
What are typical HOA fees in Valencia right now?
HOA fees (called "gastos de comunidad" in Spain) are very common in Valencia since most apartments are in multi-unit buildings, and the typical monthly HOA fee ranges from 50 to 180 euros ($58 to $209 USD) for standard buildings without extensive amenities.
The realistic range of HOA fees in Valencia runs from 50 to 110 euros per month ($58 to $128 USD) for basic buildings without pools or concierge services, up to 150 to 300 euros per month ($174 to $348 USD) for buildings with elevators, pools, gardens, doorman services, or other luxury amenities.
What utilities should I budget monthly in Valencia right now?
The estimated total monthly utility cost for a typical apartment in Valencia is around 150 euros ($174 USD), covering electricity, water, gas (if applicable), and internet.
The realistic range of monthly utility costs in Valencia runs from 110 to 220 euros ($128 to $255 USD) depending on apartment size, whether you use air conditioning heavily in summer, and whether your building uses gas for heating and hot water.
The specific utilities included in the typical monthly budget in Valencia are electricity (60 to 110 euros), water (20 to 35 euros), gas if used (25 to 70 euros seasonally), and internet (30 to 50 euros), though some buildings include water in the community fees.
Electricity tends to be the most expensive utility for apartment owners in Valencia, especially during summer months when air conditioning use spikes, with some households seeing electricity bills double from June through September.
How much is property tax on apartments in Valencia?
The estimated typical annual property tax (IBI) for an apartment in Valencia is around 600 to 900 euros ($700 to $1,045 USD) for a standard owner-occupied unit valued around 200,000 to 250,000 euros on the market.
Property tax in Valencia is calculated as a percentage (around 0.58% for urban properties) applied to the cadastral value of the property, which is typically much lower than the market value, often just 40% to 60% of what you actually paid for the apartment.
The realistic range of annual property tax in Valencia runs from 400 to 1,200 euros ($465 to $1,395 USD) depending on property size, location, and the cadastral value assigned by the local tax authority, with newer or recently renovated properties sometimes having higher cadastral values.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Valencia.
What's the yearly building maintenance cost in Valencia?
The estimated typical yearly building maintenance cost for apartment owners in Valencia is around 600 to 1,500 euros ($700 to $1,740 USD), covering small repairs inside your unit plus a reserve for occasional building-wide works beyond routine HOA fees.
The realistic range of yearly maintenance costs in Valencia runs from 300 to 900 euros ($350 to $1,045 USD) for apartments in well-maintained newer buildings, up to 1,500 to 3,000 euros ($1,740 to $3,480 USD) for older buildings that may face facade repairs, elevator replacements, or plumbing upgrades.
The expenses typically included in building maintenance costs in Valencia are interior repairs (appliances, plumbing, minor electrical work), your contribution to special assessments for major building works, and a prudent reserve for unexpected issues like a broken water heater or window replacement.
Building maintenance costs in Valencia are generally separate from HOA fees, though the HOA covers routine shared expenses like cleaning, lighting, and elevator maintenance, while special assessments (derramas) for major works like roof repairs or facade renovation are charged separately when needed.
How much does home insurance cost in Valencia?
The estimated typical annual home insurance cost for an apartment in Valencia is around 200 to 300 euros ($232 to $348 USD), covering contents, liability, and your personal property inside the unit.
The realistic range of annual home insurance costs in Valencia runs from 150 to 250 euros ($174 to $290 USD) for basic contents and liability coverage, up to 350 to 500 euros ($406 to $580 USD) for comprehensive policies with higher coverage limits, additional riders, or properties with valuable contents.
Home insurance is not strictly mandatory for apartment owners in Valencia, but it is highly recommended and often required by mortgage lenders if you finance your purchase, and the building's community policy typically covers the structure itself while you need your own policy for contents and personal liability.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Valencia, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| idealista | Spain's largest property portal with a long-running, method-documented price index. | We used it as our primary asking-price benchmark for Valencia apartments. We also referenced its district-level data to map neighborhood price variations. |
| Fotocasa | One of Spain's biggest portals with consistent monthly price index updates. | We used it as a second asking-price benchmark to cross-check idealista. We also used its district rankings to identify the priciest and cheapest parts of Valencia. |
| Tinsa | A major appraisal firm whose numbers come from professional valuations, not ads. | We used it as a market-value anchor closer to what banks will finance. We triangulated it with portal asking prices to estimate realistic transaction levels. |
| Colegio de Registradores | Spain's official property registrars using actual registry transaction data. | We used it to quantify the price gap between new-build and resale housing. We applied that gap as a proxy for Valencia when splitting new versus resale costs. |
| INE Housing Price Index | Spain's national statistics institute publishing the official housing price index. | We used it to frame the national market context that feeds into Valencia's momentum. We used new versus second-hand growth rates to sanity-check our assumptions. |
| INE Mortgage Statistics | The official national mortgage dataset covering rates, volumes, and average amounts. | We used it to estimate the typical mortgage interest-rate environment for early 2026. We also justified typical down payment expectations from Spanish lenders. |
| Ministerio de Vivienda (MIVAU) | The Spanish housing ministry's official appraisal-value series with public methodology. | We used it as a third public-sector valuation reference to triangulate with Tinsa and portals. We kept our estimates grounded in official-style series. |
| BOE (Law 5/2025) | The official Spanish state gazette and the legal source for tax rates. | We used it to state the exact ITP rate (9% from June 2026) and AJD reference (1.4%). We also clarified the January 2026 versus June 2026 timing distinction. |
| Valencia City IBI Ordinance | The city's official tax ordinance and the rulebook for IBI property tax in Valencia. | We used it to pull the IBI tax rate framework for estimating annual property tax. We combined it with cadastral-to-market ratios for realistic yearly figures. |
| Agencia Tributaria | Spain's national tax agency explaining official valuation concepts across taxes. | We used it to explain why your tax base may not be the negotiated price. We warned buyers not to assume taxes always follow the sale price. |
| Eurostat | The EU's official statistics body with standardized energy price data. | We used it to anchor typical electricity cost per kWh reasoning. We translated that into a practical monthly budget range for Valencia apartments. |
| EMIVASA | Valencia's municipal water operator with official published tariffs. | We used it as the authoritative reference for Valencia water costs. We justified the water portion of the monthly utilities budget range. |
| EMMI | The official publisher of Euribor, the core reference for variable mortgages. | We used it to ground the concept of Euribor and why variable-rate mortgages move. We referenced it alongside INE's realized mortgage rates. |
| Consejo General del Notariado | Spain's notary council and the institutional body behind notarial practice. | We used it to support the standard role of notary and land registry in Spanish purchases. We justified including notary and registry costs in all-in budgets. |
| Consorcio de Compensacion de Seguros | The public consortium backing extraordinary risk coverage in Spanish insurance. | We used it to explain Spain's unique insurance layer for extraordinary risks. We framed why home insurance pricing differs from many other countries. |
| Trading Economics | Reliable financial data provider tracking real-time and historical exchange rates. | We used it to obtain current EUR/USD exchange rates for converting all prices to US dollars for international readers. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Spain. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.