City on the map
Valladolid is the capital of the province of the same name in Spain, located on the Meseta plateau, on both banks of the Pisuerga River, surrounded by wine-growing regions. The climate is semi-arid Mediterranean. Summers are hot and dry: the temperature is up to 30°C; in winter it is cool, windy, snow precipitation is possible, the temperature can drop below 0°C.
The main sector of the economy is the service sector. The automotive industry is also important (such well-known enterprises operate in the city: Michelin, Renault, Iveco). Food, chemical, construction, metallurgy, and winemaking are other well developed industries. Higher education can be obtained at the oldest University of Valladolid and the European University.
The city has many buildings and structures of various architectural styles: late Gothic, Renaissance, Mannerism, Romanesque, Escurial, classical. Some of the attractions are:
- Plaza Mayor,
- town hall,
- theater Lope de Vega,
- Columbus House Museum,
- cervantes house,
- churches: Santa Maria la Antigua, San Martin, San Pablo,
- palace of Correos i Telegrafos,
- Campo Grande park.
Why it is profitable to buy an apartment in Valladolid in a new build
The increase in sales is due to a growing number of investors looking to the city's real estate sector as a profitable investment. The return on investment in real estate in Valladolid is getting higher. Economist experts note that after seven years of rising prices for resale, there is a stabilization due to the balance between price and supply. However, this does not apply to new housing. The cost of housing in new builds in Valladolid will continue to increase due to a small supply and rising costs for materials and wages for workers. The demand for new builds for sale in Valladolid from the developers is great. Customer reviews confirm that their quality meets European standards. Modern residential complexes in Valladolid are deservedly popular; housing in this respectable resort area is being bought up actively.
The advantages of buying a new build for sale in Valladolid from a developer are as follows:
- Residential complexes are being built according to modern standards with new communications and beautiful views,
- can be purchased at the initial stage of construction at lower prices,
- tenants are more willing to rent for seasonal living,
- high demand, hence prices rise faster,
- surrounding infrastructure provided.
Buying an apartment from a developer in Valladolid in the Villa del Prado area is considered especially prestigious. Also, Acera de Recoletos in the center is the street with the highest prices for rent and housing in new homes.
The cost of an apartment in Valladolid from the developers
The average price for 1 sq.m of living space is 1590 euros. Real estate here rises in price by 3-5% per year, which indicates its high profitability and liquidity. In February 2023, prices increased by 3.5% compared to January 2022. It is necessary, however, to take into account the dynamics of price changes, so you should use only information that is current at the time of the request.
Sale of apartments from developers (features)
When intending to buy housing in a new home, one should take into account the professionalism, experience and integrity of the developer, therefore, it is necessary to check the history of the developer, documents about the property. The GEOLN.COM real estate search platform (with a convenient search interface), which presents a catalog of objects in a new build for sale and offers only from reliable, proven construction companies that offer various promotions, installments, discounts helps many investors around the world. Real estate in Valladolid in the new homes for sale can be purchased cheaper at the construction stage.
The official confirmation of the transaction is Escritura Publica. This document is signed in a notary's office in the presence of a notary. The owner registers the ownership of the property in the Registry.
Purchasing an apartment in a new development in Valladolid is a prestigious investment in a liquid and highly profitable project in a city with a developed infrastructure, attractive for tourism and living.
Prices per sq. m. in popular districts of Valladolid
District | Price from |
---|---|
La Flecha | 1,925$ / m2 |