THE RACE FOR VALENCIA HAS JUST BEGUN

The continuing development of Valencia as a property hotspot has been in the news of late, not least because of its growth as a sporting centre of excellence. Just as Barcelona saw its image improved and its waterfront transformed by the 1992 Olympics, so Valencia has been enjoying the benefits of hosting the Americas Cup this year. It also saw huge investment in the redevelopment of its marina and waterfront, an added bonus to the attraction of the city. The successes of the local football team has also played its part in recent years, with Valencia CF winning the Spanish league title, triumphing in the UEFA Cup and reaching two Champions League finals to prove there is life beyond the giants of Barcelona and Real Madrid. The new Mestalla football stadium is being built and the foundations are being built as we speak on the edge of the city.
The America’s Cup aside, the most exciting news has been the recent announcement that the city will become the home for the Formula One European Grand Prix from 2008-14. This will not only ensure further sports tourism, including the wealth that comes with such a high-profile event, but will also create possible prime buy-to-let opportunities for those with the resources to obtain houses with a direct view over the Monaco-style street circuit that the city will create.
Investors looking for a piece of this action will be glad to know that the ease of low-cost access is growing. Easyjet,Ryanair, Clickair, thomsonfly and Jet2 fly here from UK, with Ryanair opening Valencia as a hub in the November.
Overall, there can be little doubt Valencia is booming. Prices have risen by one hundred per cent in the past six years and are still increasing, something Barcelona and Madrid cannot match. Much of this is undoubtedly due to the America's Cup, with the advent of the Grand Prix next year providing a further boost.
And it's not just Sport, the city was already making a name for itself, thanks to the incredible Millenium Project that is the City of Arts and Sciences, with the beautiful new Opera House, Palau de les Arts, about to embark on its second season of international Opera and concerts.
Valencia is now firmly on the map as a city attracting the wealthier set looking to live or enjoy a holiday home here; something which investors in property will no doubt be interested to learn. The city is also beginning to attract middle-class professionals and younger people who want a city which is both safe and has a vibrant nightlife.
Investors who miss the boat will be left to stare wistfully after those already lined-up on the grid. Pole position hasn’t yet been decided. What are you waiting for?
More on this and the new Ryanair hub - click the headline.

The F1 Urban Grand Prix in Valencia

A provisional date of 24 August 2008 has been announced by the FIA for the first Formula One Grand Prix in Valencia. Work has now started on the 5.4km circuit which will have its paddocks in Port America's Cup and will pass by the AC Team houses. The circuit has 25 bends, eleven to the left and fourteen to the right and will pass through areas close to the City of Arts and Sciences.

Flats for rent in Valencia

Delightful 2 bedroomed attic flat in Ruzafa - 950euros PCM

Avenida de Francia, on the proposed rute of the Valencia Formula One Grand Prix - 1300 euros PCM

Lovely Flat in the heart of the Barrio Del Carmen - 950 euros PCM


The rental market here in Valencia is very fast moving, and it can be very hard for someone to find a medium-to-long term rental in the city.Thisivalencia.com are here to help, If you want to rent in Valencia and the surrounding areas take a look at our flats for rent page and let us know what you want. We will send you details of what we have on offer at the time of your enquiry.

Let us know dates of arrival for rental, number of bedrooms, location, budget and length of lease require, along with any other information you think will be helpful.and we'll get back to you by return.

If you want to buy a flat in Valencia or the surrounding towns and villages - we can help too! We have an extensive list of excellent, extremely well-priced properties for sale here

We also have holiday rentals, bed and breakfast, small hotels - click here

The Grand Prix in Valencia Confirmed, maybe!

the proposed new circuit

The Prince Felipe Science Museum in the City of Arts and Sciences was the venue for a presentation by Formula 1 Supremo Bernie Ecclestone, who confirmed that Valencia would be the new venue for the Urban Grand Prix Circuit. He told the audience that he was delighted with Valencia, and that the races could begin in November of 2008. The first contractual period would be for seven years - renewable, but he made it clear that he considered that Grand Prix Racing on an urban circuit in Valencia would to all intents and purposes be a permanent fixture on the racing calendar.
The 5-Km-long circuit would start in the interior area of the port, then run parallel to the old Turia River bed to the bridge in front of the Oceanografic - which would offer spectacular television views of the City of Arts and Sciences - before turning back down to the port again, and would have gradient stands to accommodate as many as one hundred thousand spectators. This in fact would mean that the effect of the circuit on traffic in Valencia would be nil, and the area of the Paseo de la Alameda that would be included has not been urbanized, and consequently the effect on residents would equally be zero.
In his presentation yesterday, Mr Ecclestone added that the fact that Valencia was being granted the rights to be included on the Grand Prix Circuit, 'was purely due to the immense talents of Francisco Camps and Rita Barbera'. However, Mr Ecclestone added that the contract was on the table waiting to be signed, but with one proviso: it would not become a reality unless Mr Camps and Mrs Barbera won re-election on May 27, adding that he was 'only too well aware' of the Socialist reticence against the project.

And More good news...
Later the same day Camps, Barbera and Eccleston visited the Alinghi base and met with Ernesto Bertarelli, the President of the Alinghi syndicate, who told them that should Alinghi be successful in its retention of the Americas Cup, then he was in favour of staging the next Cup races in Valencia...