Valencian Community housing and cost of living concerns

Citizens in the Valencian Community have identified the cost of living and housing access as their primary concerns. Survey data indicates high anxiety levels regarding these issues, particularly in Alicante, Castellón, and Valencia. While regional economic and political perceptions have shown some improvement, residents continue to demand effective reconstruction efforts following recent catastrophic flooding, specifically regarding drainage and flood prevention.

Subsequent data shows a significant rise in housing costs, with average prices increasing by 12.9% year-on-year to 1,769 €/m². Alicante leads with prices at 1,938 €/m² (an 8.8% increase), followed by Valencia at 1,807 €/m² (14.7%) and Castelló at 1,376 €/m² (13.8%). A typical 90-square-meter home now requires an average investment of 159,210 euros, representing an increase of 18,180 euros compared to the previous year. Rental prices have also climbed by 6.4% to an average of 12.82 €/m², with Valencia recording the highest monthly average at 14.78 €/m².

These escalating costs have triggered social protests, including activists camping in Valencia’s City Hall square to demand government intervention. Regarding availability, the supply of homes for sale in the province of Valencia decreased by 1% compared to the previous year, though Valencia city itself experienced a 15% increase in housing stock.