valencia

Valencia is currently experiencing the highest demand for city property rentals from foreign tenants in Spain, with 17% of clients seeking long-term rentals there according to a recent study by Idealista, overtaking Barcelona’s 15.3% share[1]. The surge in demand is largely driven by competitive rental prices, averaging €945 for a 70 m2 property, compared to €1,414 in Barcelona. Americans lead foreign demand in Valencia, followed by Germans and French nationals[1].

On the political front, Valencia recently hosted the European People’s Party Congress, where Manfred Weber was re-elected as party president. The event drew attention not only to Weber’s tenure but also to local issues such as ongoing recovery efforts from last year’s catastrophic Dana floods, which killed 228 people and left many Valencians struggling to rebuild their lives[2]. Protests have continued, with demonstrators demanding the resignation of regional president Carlos Mazón over what they see as an inadequate government response to the disaster[3]. Monthly protests have taken place since the floods, especially in the severely affected town of Catarroja[3].

Valencia and surrounding regions are still grappling with the aftermath of multiple devastating floods over the past year, with ongoing concerns about infrastructure, public health, and a slow emergency response. Many neighborhoods remain in a state of disrepair, and authorities have faced criticism for delayed aid and poor communication[4]. These extreme weather events, intensified by climate change, have led to loss of life, economic disruption, and calls for better early warning systems[5].

In lighter news, the annual “Tomatina” festival in the nearby town of Buñol celebrated its 80th edition, drawing around 20,000 people to participate in a massive tomato fight using over 120 tons of overripe tomatoes. This year’s event, named “Tomaterapia,” also served as a form of communal relief from the hardships of recent floods[7].

On the economic side, Valencia faces potential losses in its export sector due to new U.S. tariffs, threatening approximately €285 million in local exports[6]. Meanwhile, Valencia continues to attract more tourists than ever before, contributing to rising hotel prices and a boom in the hospitality sector[6].

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