The towns where more housing is bought in the Valencian Community

A walk through suburban Valencia, where there are still remnants of orchards, today reveals dozens of new works.

Thomas Osborne
Thomas Osborne
04 November 2022 Friday 00:41
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The towns where more housing is bought in the Valencian Community

A walk through suburban Valencia, where there are still remnants of orchards, today reveals dozens of new works. Towering cranes and streets blocked by the passage of a truck, dust and scaffolding are part of the landscape of Nou Patraix or Malilla, among others.

An image that confirms the report presented yesterday by Tecnocasa on the real estate market in Valencia, which highlights the dynamism of the Valencian Community in the construction of new construction, even surpassing the national average. The trend has been growing since 2016, and after the break due to the pandemic, there is a clear recovery.

Thus, if in Spain there are 0.28 sales per 100 homes, in the Valencian Community this figure stands at 0.32 and Alicante (with 0.40) is the most dynamic Valencian province, in this case, in new construction , followed by Valencia (0.27) and Castellón (0.26).

The report focused on Alicante was presented a few days ago and already pointed out that Alicante is the most dynamic Valencian province in both markets: new construction and second hand.

Thus, according to the report, the highest turnover in used homes occurs in the towns (with a housing stock of more than 5,000) Benaguasil (4.70) in Valencia, San Fulgencio (4.48) in Alicante and Moncofa (4 .49) in Castellón.

As for the dynamism in new construction, the municipalities of Almenara (1.96) in Castellón, Carlet (1.21) in Valencia and Pilar de la Horadada (1.10) in Alicante stand out (with a housing stock of more than 5,000). .

In general, the study maintains that the purchase of housing as an investment is behind one of every three real estate operations.

Thus, this investment in the city of Alicante is 32.3% of operations this year, 3.3 points more than in 2021 (29%), while in Valencia the percentage is 29.7% of operations , in line with the figure for 2021 (30.6%).