Overview
- Cámara Valencia projects demand for 228,165 homes by 2030, with current building rates covering only about 30% of that need.
- Average home prices rose 65% between 2014 and 2024 as urban land revalued 39% since 2020, a component that can reach 40% of the final price.
- Construction remains depressed with 23,911 homes built in the last five years and protected housing falling from 58,320 in the 1990s to 2,216 in 2014–2024.
- The proposals call for more developable land, faster approvals that now can take 15–20 years, VAT removal on first homes, and a coordinated ‘Gran Valencia’ model with public transport links.
- Demand pressures include a forecast 13% population rise to just over three million driven by foreign arrivals, while tourist apartments represent 1.1% of the housing stock.