2020/12/18 10:00
SINGAPORE - Media
OutReach - 18 December 2020 - House prices, sales transactions
and rentals are all skyrocketing in Valencia. The city has seen a growing
demand from international buyers in recent years, especially from Asia, many of
whom aspire to live a Mediterranean lifestyle characterized by gorgeous
architecture and a high quality of life at an affordable rate. However, Asian
interest in Spanish properties is primarily fueled by the Golden Visa Program, which
allows non-EU nationals to gain permanent residency by buying property worth
€500,000 or more. From January to June 2019, 848 residency visas were granted --
132 more approvals compared with the same period in 2018.