Particle.news
Download on the App Store

Valencia Chamber Warns of 133,000-Home Shortfall by 2030, Urges Metropolitan Build-Out

The study blames tight supply on soaring land costs after years of underbuilding.

Overview

  • The report projects demand for 228,165 homes by 2030 and says the current building pace would cover only about 30%, leaving a deficit of 133,340 units.
  • Average new-home prices rose roughly 65% from 2014 to 2024 as available stock thinned and access for young and middle‑income households worsened.
  • Urban land accounts for up to 40% of a new home’s price, with Valencia’s land values up 39% since 2020 to about €221/m² in 2024, around 31% above the national average.
  • Construction collapsed after 2008 and remains weak, with just 23,911 homes built in the last five years and protected housing plunging from 58,320 units in the 1990s to 2,216 in 2014–2024.
  • Cámara Valencia urges more developable land, faster permitting, tax changes such as removing VAT on first homes, and a coordinated ‘Gran Valencia’ plan focused on the metropolitan area as experts say the city proper has capacity for only 8,000–10,000 additional units; tourist flats are noted as a small share of stock yet remain a flashpoint in policy debates.