22 Jul, 2021 @ 16:15
1 min read

Over 200 new ‘build to rent’ houses planned for Spain’s Valencia city

Europe News May 28, 2021
Photo by Cordon Press

PLANS have been unveiled to build 216 new properties to let in Valencia city centre.

The ‘build to rent’ scheme will cost an estimated €50 million to be paid by a private investor, with the new homes split over two new residential areas in the Moreras area.

Both developments will be located near the port and the City of Arts and Sciences, which will greatly alleviate the problem of finding affordable housing to rent in the busiest part of the regional capital.

The first building will feature 155 units over 21 floors, and will include a swimming pool, paddle tennis court, and multi-purpose rooms.

Property to let
Photo by Cordon Press

The second development will consist of 51 houses on 11 floors and the same sporting facilities as the first except the tennis court.

These two projects are just the latest in a series of ‘build to rent’ schemes launched by the same firm in Valencia city, which total more than 700 houses.

Work is due to begin shortly and set to be completed in 2023.


Glenn Wickman

Glenn is a trained and experienced journalist, having obtained a BA Hons degree in Journalism and Communication Studies with Spanish from Middlesex University (London) in 2001.
Since then he has worked on several English-language newspapers in Alicante Province, including 11 years at the Costa Blanca News.
He is trilingual in English, Spanish and Catalán/Valenciano, a qualified ELT teacher and translator with a passion for the written word.
After several years in Barcelona, Glenn has now returned to the Costa Blanca (Alicante), from where he will cover local stories as well as Valencia and Castellón/Costa Azahar.
Please drop him a line if you have any news that you think should be covered in either of these areas, he will gladly get in touch!

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