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Valladolid is getting more open to outside investors

12 Jun
2017

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Valladolid wants to be more open to the outside

 

Valladolid was the capital of Spain during 5 years in the XVII century. Although it was the capital for a very short time, this city has always been the city of the kings! Most of the Catholic Kings married there, and many of the Spanish Kings were born in Valladolid like Enrique IV, Felipe II, Felipe IV and Ana of Austria, who was the queen of France.

Today, Valladolid, the capital of the autonomous community of Castile and Leon, is a city known for its culture thanks to its museums (such as the Oriental or the Contemporary Art) or its house-museum of José Zorrilla, Colón and Cervantes.

 

Why Valladolid?

Located in the Iberian plateau, it has a continental climate, with relatively cold winters (its average temperature is about 6-7 degrees) and hot summers, with maximums above 30 degrees in the months of July and August, although with nights are colder and the temperatures can drop to 15 degrees.

The city has more than 60 days of rain (with some snow) and over 2,600 hours of sunshine a year. Valladolid is very well located: Madrid is about 200 km, the border with Portugal is very close and at about 100 km and in about two and a half hours you can reach the Cantabrian Sea and enjoy its beaches.

 

How is the real estate market?

The price per square meter in Valladolid is just above € 1,100. Although prices are at 2002 levels, the recovery of the sector continues. For example, in the last quarter of 2016 7 houses per day (both new and second-hand) were sold, which meant the sixth consecutive quarter of growth and the third best data since 2012.

The average value of housing in 2016 was € 162,000 for newly constructed free houses and € 100,000 for second-hand houses.

Chart comparing Valladolid to the Spanish Real Estate Market

 

 

 

Where to live in Valladolid?

In total there are a little more than 300,000 people living in Valladolid. It is a medium city that is easy to get to anywhere walking.

The centre is the best area to live if you like to live in the hustle and bustle of the city. In addition, most museums and other cultural sites are located in this area. This area also has supermarkets, restaurants, bars, hospitals, schools and shops.

If what you are looking for is a quiet area, Parquesol is a neighbourhood on the outskirts of the relatively new city with all basic services covered and connections to the city centre.

The southern part of the city is ideal for families with children, with numerous schools and parks that children can enjoy. In addition, this area is connected to the centre with numerous bus lines.

 

Getting around in Valladolid

The city has more than 20 urban and intercity bus lines. The airport of Valladolid has 5 regular services to Barcelona, Lanzarote, Gran Canaria, Mallorca and Tenerife. If you are looking for more destinations, Madrid Barajas Airport is 200 km away.

The capital of Spain and other cities of the country can be reached by road or motorway. Valladolid also connects with Madrid via the AVE, the Spanish high-speed train.

 

If you want to invest in the Spanish real estate market in Spain, don’t hesitate to read our special report with the 10+ reasons why you should have a look at the Spanish property market.

Do you want to check the yearly weather statistics in Valladolid before buying? Check our infographic on the yearly weather statistics of all the 18 biggest Spanish cities.

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Raimon

Senior Journalist and writer at HTBIS

Check the full HTBIS team here

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