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Valencia, Spain 🇪🇸
#404 ,

Nomad Score: 77%

Essentials

🏙️ City Valencia is the third-largest city in Spain, known for its arts, architecture, and vibrant culture.
👥 Population Approximately 800,000.
💻 Internet Speed Average internet speed is around 100 Mbps.
💸 Currency & Banking 1 EUR ≈ 1.06 USD, common banks include Banco Santander and Banco Sabadell.
🚰 Tap Water Drinkable, but bottled water is preferred by locals.
🔌 Power 230V, 50Hz, 🔌 Type C/E sockets.
📶 SIM Card Popular providers include Movistar, Vodafone, and Orange.
💳 Banking for Expats International options like N26 and Revolut are widely used.
🛌 Accommodation Popular options include Airbnb, HomeAway, and Spotahome.
💳 Cashless Friendly Yes, credit cards are accepted widely including in markets and shops.
🏠 Short Term Rentals Airbnb and Booking.com are the go-to platforms for short-term stays.
🛏️ Budget Accommodation Hostel Mundo, starting at €20 per night.
🏙️ Best Area to Stay for Tourists Ciutat Vella (Old Town), known for its historical sites.
🏙️ Best Area to Stay for Digital Nomads Ruzafa, popular for its lively atmosphere and coworking spaces.

Working and Networking

🏢 Best Coworking Space The Coworking Space Valencia, offering flexible plans and a community vibe.
Best Cafe for Work Café de las Horas, known for its calm ambiance and good coffee.
💼 Networking Events Valencia Meetups and Remote Worker communities on Facebook.
🥂 Social Events for Expats Valencia Expat Community, organizing regular meetups.

Transportation

🚕 Best Taxi/Ride App Cabify, a user-friendly ride-hailing app.
🚲 Bike/Scooter Rental Valenbisi, a bike-sharing program with multiple stations around the city.
🏖️ Best Beach Nearby Playa de la Malvarrosa, approximately a 15-minute bike ride.
✈️ Top Regional Airline Air Europa operating multiple regional flights.
✈️ Top International Airline Iberia and Vueling offer extensive international routes.
🛣️ Highway Access AP-7, providing easy access to other cities along the coastal region.
🚉 Main Train/Transit Hub Estación del Norte, the main train station connecting to major cities.
🚍 Public Transport Passes 10-trip metro/bus pass costs about €8.50.
✈️ Regional Travel Train services (Renfe) and buses (Avanza) connect to nearby cities like Alicante and Castellón.

Health and Wellness

🏥 Best Hospital Hospital Clínico Universitario, a leading healthcare facility.
🧘 Yoga & Wellness Centers Yoga Studio Valencia offers classes for all levels.
🏋️ Gyms & Fitness Centers Basic-Fit and Gymage Valencia are popular options.
🧺 Laundry Services Laverie, offering self-service and full-service laundry.

Food and Drink

📱 Best Food Delivery App Glovo and Just Eat dominate the delivery scene.
🍽️ Best Local Dish to Try Paella Valenciana, a local rice dish often cooked with rabbit and chicken.
🍱 Vegan/Vegetarian Options Almalibre Acai House, specializes in healthy vegetarian meals.
🍫 Best Dessert Spots Horno de La Raza, known for its traditional pastries.
🛒 Affordable Shopping Spots Central Market, offering fresh produce and local delicacies.
🛒 E-commerce/Online Store Amazon.es and El Corte Inglés for online shopping.
🛒 Grocery Delivery Carrefour and Mercadona offer delivery options.
🍸 Bar/Nightlife Area El Carmen neighborhood is known for its vibrant nightlife.
🍻 Local Brewery Cerveza Turia, offers local craft beers.
🍷 Wine Bars Vermutería la Pérgola, a cozy spot for local wine.
🍲 Street Food Stalls Mercado de Colón offers various street food options.
🍕 Popular International Cuisine La Piazzetta for Italian and Sirvent for gelato.

Culture and Attractions

🎟️ Must-See Landmarks The City of Arts and Sciences is a futuristic architectural complex and must-visit.
🏛️ Museums & Art Venues IVAM (Valencian Institute of Modern Art) showcases contemporary art.
🏰 Historical Sites La Lonja de la Seda, a Gothic-style building and UNESCO World Heritage Site.
🕍 Religious Sites Valencia Cathedral, which houses the Holy Grail.
🎉 Annual Events Las Fallas festival in March, famous for its fireworks and bonfires.
🎨 Cultural Districts Ruzafa, rich in art galleries and local culture.
🎭 Theater Venues Teatro Principal, a historic theater with diverse performances.
🛍️ Local Markets Mercado Central, one of the oldest markets in Europe.
🎼 Music Scene Café Berlin features live music and acts as a hub for local artists.
🎨 Street Art Calle de la Hierbabuena, known for its vibrant graffiti.
🧑‍🍳 Cooking Classes Paella Workshop Valencia, where you can learn to cook the local dish.
👩‍🎨 Art Galleries Galería Rosa Santos showcases contemporary regional artists.
🕰️ Historic Buildings Torres de Serranos, a medieval gate and city landmark.
🏴 Local Heritage Valencia's mascot is the 'Fallas,' representing a famous festival.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Albufera Natural Park, a wetland reserve perfect for walking and birdwatching.
🏞️ National Parks Nearby Sierra de Espuña National Park, a popular hiking destination about 1.5 hours away.
🚲 Cycling/Walking Paths Turia Gardens, a converted riverbed offering scenic paths and parks.
🌄 Scenic Viewpoints Mirador del Turia offers panoramic views of the city.
🦉 Birdwatching Locations Albufera is also known for its diverse bird species.
🔥 Bonfire-Friendly Spots Camarena Park has designated areas for recreational fires.

Other Services and Amenities

📦 Parcel Delivery Service Tourline offers reliable local delivery services.
🛠️ Tech Repair Services Brainstorm is a popular option for tech repairs.
🏓 Table Tennis Spots Club de Tenis de Mesa de Valencia hosts regular games.
🧑‍🏫 Language Classes Cultura Inglesa offers language courses for expats.
📚 Libraries & Study Spots Biblioteca Municipal de Valencia, a great place to study.
🏘️ Community Centers Centre Cultural La Petxina hosts various cultural events.
🕹️ Gaming Lounges Leisure Play, offers console gaming and esports events.
🎰 Casino & Gaming Halls Casino de Valencia provides various gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €2,800 per m² (e.g., 40 m² = €112,000)
🏢 Studio Purchase Price (Outside City) Approx. €2,200 per m² (e.g., 40 m² = €88,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €2,600 per m² (e.g., 60 m² = €156,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,000 per m² (e.g., 60 m² = €120,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €2,500 per m² (e.g., 80 m² = €200,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €1,800 per m² (e.g., 80 m² = €144,000)
💼 Corporate Tax 25%.
💵 Dividend Withholding Tax 19%.
🏦 Tax System Residents are taxed on worldwide income.
📈 Highest Income Tax Bracket 47% for income above €60,000.
🧾 VAT 21%.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax Yes, based on the cadastral value of the property.
🏠 Property Transaction Tax 10% standard rate for property purchases.
💻 Attractive Tax System for Digital Nomads No specific tax benefits; however, lifestyle and cost advantages are significant.

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