Why are Foreigners FLOCKING to this Spanish City?

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5 years ago we paid 500€ a month for a 2 bed in the centre of Valencia practically. It's now between 1500 and 2k. Its shocking buts its how it is. Average salary is 1,200/300€ . Same situation everywhere

Side note: you mention rents like 1k or 1.8k a month and while that can be a reasonable price for people from other countries its a dramatic situation for local people. Minimum legal wage in Spain is 1134e/month which means that many earn that or even less. The majority of people dont gain more than 2k/month. The tourism is destroying the locals, specially in Valencia.

When I was in Valencia over a decade ago,, I had exactly the thought, that this is a place I would love to live. Combination of modern with historic, an abundance of sun, sea side and great weather. Maybe I should have actually moved there when I first had the idea.

There are so many great cities in Spain, Valencia is one but not the only one

Yes, Valencia is a great area here in Spain but the secret is out and more people are moving here. Rent prices keep increasing and availability of apartments is tight.

Spanish person here. Do you realize how ridiculous the word “expat” sounds? Why don’t you call yourselves ‘immigrants’? that’s what you really are! It seems that this euphemism give you some sort of status above any other immigrant because of your country of origin. I understand that moving to Europe is trendy now, especially for Americans who want to experience living outside the American bubble, and Spain is still a “cheap” place for you all to live in, but it’s in part because of this “expat invasion”, that prices are raising in Spain and life is becoming harder for us, locals. Just reflect on it, please!

Spaniard here, dont come its impossible to make an honest living here. the cost of live has skyrocketed since covid, we do not need more expats increasing the price of everything

"Expat" !!! I love how Anglo-Saxons do everything to distance themselves from the term "immigrants".

Kate, her home and family are gorgeous and welcoming. Thank you Kate

American who has been living here for six years. Valencia is my favorite city in Spain.

Given its popularity in the past years, Valencia has turned into a magnet for tourist and immigrants alike. Regardless if they're coming from the US or from other parts of Europe, Valencia seems to be on everyone's mind. It is indeed true that it got quite expensive in the past years due to this and as a consequence, rent increased all over the place (the fact that it's also a quite big destination for students due to its many universities does not help the situation) and it's becoming increasingly hard to rent an affordable place. It reminds me of Barcelona where this bubble is heavily speculated by both locals and companies who buy a lot of flats and then let them out, pricing them for the "foreign" pockets rather than the local ones. I still love Valencia, it's a perfect city for me but as usual, there are two sides of each coin so I guess this is the "price" Valencia has to pay for its soaring popularity.

Let´s not forget that the people from Pego (only 76 Km away) IN Alicante rejected and avoided to have Eurodisney built in the middle of a wetland natural area, in order to avoid the drastic change that it would have meant!!!! HATS OFF!!!!!! TOURISM IS GOOD ... BUT WITH CONTROL!!!!!

We live in Sitges, but visited Valencia for a week last summer. We stayed in Ruzafa, and it was a great place to stay. So many great places to eat, and walking distance to everything. Highly recommend.

Thank you both, great tour and info. I’ll certainly look into flying to Valencia and meet Kate. 😊

I’m Valencian 100%, all my grandparents are Valencian, and I love the fact that more and more people are thinking of moving here. House prices are going up, true, but this is happening all over the world not just here, and gentrification happens also within Valencian people, moving from one area to another. I was brought up in Cabanyal, then moved to Russafa, then to the City Centre, and now I live in the outskirts. This is what people do, move from place to place, and prices go up when an area becomes trendy. Of course, I don’t like millions of tourists from cruises in the streets of Valencia or silly hen or stag parties, but people from other countries moving here, I love it.

Expat? Oh La La what a fancy word for inmigrant.

Thank you for the wonderful video, James. Your portrayal of Valencia really captures its beauty and vibrancy. I've been living here as an foreigner for two years and I'm currently exploring other Spanish cities to possibly move to, most likely Madrid. While Valencia is indeed charming with its friendly locals and pleasant climate, it seems to suit short-term stays or tourism more closely if you are after a life in a city centre. Prospective residents might want to consider the city's lively atmosphere, which includes a vibrant party scene and the boisterous Fallas festival, which, despite its deep cultural roots, can often be overwhelming with its noise and the aftermath of celebrations. Additionally, Valencia also ranks on the higher side for taxpayers in Spain, which is an important consideration. And while real estate prices are on the rise, the quality of housing doesn't quite compare to what you might find in Madrid or Barcelona. Just some thoughts for anyone considering Valencia as a more permanent home!

My adopted City, having married a local. Beautiful city, great people

I love Valencia... IMO it's as close to a perfect city that exists on earth. Thank you for this 👍