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In València there is a dynamic market for rental and purchase homes. The historic district, the center and the residential areas offer good alternatives to choose housing in a quality urban environment. There are no specific neighborhoods for expatriates: the place of residence depends on individual preferences, location of offices, age group, income, etc. The different neighborhoods of the city have something to satisfy everyone’s needs and tastes and practically all services and amenities are close at hand: hospital, leisure facilities, libraries, offices, shops, green spaces and sports grounds.  

Note that, in most neighborhoods of the city of València you will find residential buildings, so in case you are looking for a single-family house you will have to look in the outskirts of the city, also known as the metropolitan area.  

If you enjoy this content, there is a complete València Welcome Guide that you can download here. Part of the Invest in Valencia Mission is to help you to accommodate in our city. 

 1. Ciutat Vella

It’s the old medieval center of the city – one of the oldest historic centers in Europe – which was originally protected by walls and the old river (that surrounded it to the north), now the beautiful Turia Gardens. Of the medieval wall there are hardly any ruins left and only two of its gates remain standing, the Serrano’s Towers (to the North) and the Quart Towers (to the West). Ancient buildings, palaces, museums, churches and narrow streets surround the Central Market and the Cathedral. The “Plaza del Ayuntamiento”, “Plaza de la Reina” and “Plaza de la Virgen” are the social and cultural centers of this area of the city. You can find small apartments, many buildings without elevator and with small staircases, and many shortterm rentals. It is also one of the most important leisure areas – filled with restaurants and pubs – in the city.   

2. L’Eixample 

L’Eixample is a district near the old city (Ciutat Vella This exclusive neighborhood has a great amount of modernist architectural treasures and is home to the largest and most diverse shopping area in Valencia, from the department store “El Corte Ingles” to luxury and design boutiques. It also has a wide gastronomic and leisure offer that is constantly being renewed and expanded, with two distinct areas: Gran Via (aimed at a public with greater purchasing power) and Ruzafa (known as the Valencian “soho” and aimed at a younger audience). Emblems of this neighborhood are the “Mercado de Colón” – an imposing iron and brick building dating back to 1916 – the “Plaza de Toros”, and the “Estación del Norte” (train station that connects Valencia with the rest of Spain). The neighborhood is delimited by two large green areas: the Turia Garden and the new Central Park (Ruzafa).   

3. Extramurs

Neighborhood located between the first and the third bypass roads of the city, in the central-western part. With a medium income level, there are significant differences between the areas that compose it. Chinatown stands out, close to the train station, which concentrates during the “fallas” festivities some of the most important fallas monuments of the city. Mainly a residential neighborhood, it features schools, parks, medical services…, and it’s very well connected. You can find elements of high architectural value such as “La Finca Roja”, the “Mercado de Abastos” (currently a high school and a sports center), or the Botanical Garden (with an important collection of plants).

4. Campanar

Campanar is located in the western part of the city. Its neuralgic center is the old village of Campanar, annexed to the city at the end of the 19th century, in which individual houses and narrow streets around the church still survive. In the last two decades there has been an important urban development in this neighborhood, with a predominance of wide avenues, as well as new and large buildings – most of which have common areas with swimming pools, gardens or paddle courts. The area closest to the old Turia river is composed of buildings constructed in the 60’s and 70’s, and features the first shopping center built in Valencia: “Nuevo Centro”. In the northernmost area, within the limits of the municipality, you can find another of the great parks of the city, “Parque de Cabecera”, and the new zoo: Bioparc, one of the most important and innovative in the world.    

5. La Saidia  

The name of the district comes from one of the palaces that King Zayd had on the site, where the Zaidía Monastery would later be built. It is well served by the metro system, with the terminal at “Pont de Fusta” leaving you a short five-minute walk to the riverbed and old town. The riverbed in this area has a rugby pitch, a baseball ground, and much more, making it an attractive place to live at a reasonable price. At one of its ends, it has the largest municipal park, the “Jardines del Real” (also called “Viveros), with great environmental value, in which numerous music concerts are held during the summer months.   

6. El Plà del Real

One of the districts with the highest purchasing power in the city. Bordering the “Jardines del Real” and the “Jardin del Turia”, it has a large avenue (Alameda), where you can enjoy the restaurants and the view of the parks. Pla del Real has some of the most attractive buildings in Valencia, such as the “Palacio de la Exposición”, as well as impressive bridges that cross the Turia – “Puente de las Flores” or “Puente de Exposición” (by Santiago Calatrava). This district is home to the Mestalla stadium, where “Valencia Club de Fútbol” plays its home games. Nearby are some of the main faculties of the University of Valencia, on Avenida Blasco Ibañez, which links this district with the seafront of the city. 

7. L’Olivereta

Located at the western end of the city, it is, above all, a residential neighborhood of medium and mediumlow level income (depending on the area), so prices are lower than in more central city areas. However, it is very well equipped with services: schools (public and private), stores, hospitals (General Hospital of Valencia) and public transport. In the Nou Moles area and next to the “Parque de Cabecera”, you can also find a large part of the administrative city of the Generalitat Valenciana, located in what used to be the women’s prison, after its rehabilitation   

8. Patraix

Bordering on the South with L’Olivereta and in the extreme west part of Valencia is Patraix, a mainly residential district. Located on the outskirts of the city of Turia, it is one of the most populated neighborhoods. Like Campanar, the district is named after the village of Patraix – annexed in 1870 – and maintains its essence around the square and the church, with pedestrian areas, low houses and quiet streets. Due to its proximity to the city center, reasonable prices and good quality properties, it’s becoming quite popular. It features the West Park (“Parque del Oeste”), local businesses and is well connected transport-wise. It is a growing neighborhood, with new constructions in the areas of Safranar and Favara, on the border with the Ronda Sur (fourth ring road of Valencia city). The area of Vara de Quart has one of the few industrial parks in the city of Valencia, which has a transforming project towards innovative, digital and sustainable activities. Two important hypermarkets, one retail and one wholesale, are also located in this área   

9. Jesús 

Boarded on the North by the new Turia, Jesús is located South of the city. It is one of the multicultural neighborhoods of the city, with affordable prices and medium and medium-low income. At the end of the 20th century, it had one of the highest demographic growth rates. Its future development is linked to the burying of the railroad tracks and the transformation of some old manufacturing and military facilities. San Vicente Street, the longest street in the city (almost 4 km), is its main axis, which starts in the center (“Plaza la Reina”) and ends at the Ronda Sur and the Municipal Cemetery. It has a hospital (Hospital Peset Alexandre).   

10. Quatre Carreres 

Quatre Carreres is located in the eastern part of the “Jardines del Turia”. It was modernized at the end of the 20th century with the construction of the City of Arts and Sciences. Quatre Carreres accumulates half of the new housing supply in all of Valencia – where in the past there were farmhouses and orchards – with an exponential growth of its population. In recent years it has developed new restaurant areas (around the City of Arts and Sciences), commercial areas (El Saler and Aqua Shopping Center) and one of the largest hospitals in Spain: La Fe Hospital. Another attraction in this neighborhood is the “Casal España Arena”, the new and modern headquarters of the Valencian basketball team that is being built.    

11. Poblados Marítimos

It constitutes the facade of the city to the Mediterranean Sea. Here you can find the largest Spanish beach in town, “La Malvarrosa” and “La Marina”, also known as Grau by locals. Being an old fishermen’s village, its architectural value is immeasurable. There are huts, fishermen’s houses, tiled facades, colorful buildings and modernist structures. Its different neighborhoods (Nazaret, Grao, Cabañal, Cañamelar and Malvarrosa) are very much valued by local inhabitants. Nazaret is the most modest neighborhood, in front of the Port of Valencia. El Grao has the attraction of the “Marina del Puerto Deportivo” (leisure and restaurants) and the headquarters of important innovative business accelerators such as EDEM or Innsomnia. Cabanyal and Malvarrosa have become a highly attractive neighborhood for young people (given the proximity of the two Valencian Universities) and for foreigners, where the proximity of the beach, the leisure and restaurant offer and the good communications by metro and bus with the center, are key to live in them.   

12. Camins al Grau  

It is the neighborhood that connects the city with the beach and the Port. With a high population density, of a medium economic level. Its proximity to the port is reflected in an important industrial tradition. The extension of the Alameda, next to the Turia Garden and the urbanization around the Baleares Avenue has given this neighborhood a new modernity. Camins al Grau is well connected with metro and bus routes and easy to walk or cycle to the beach and the center; remember, you are never far from the center. The gardens of Ayora are excellent and are right next to the metro station.   

13. Algirós

Another Valencian neighborhood whose name comes from Arabic, specifically from al-zurûb, which means the canal, due to the Mestalla irrigation channel that reached the town of Cabañal with a winding route. It is a large area consisting largely of the properties surrounding the Avenida Blasco Ibáñez to the south and north and the faculties of the Tarongers Campus of the University of Valencia and the Polytechnic University. In addition, it is known for the large number of bars and pubs that are found and that animate the nights of this district. Among the main leisure areas are Cedro Zone and Honduras – Xúquer Zone   

14. Benimaclet 

The district of Benimaclet comprises the old village of the same name and the areas that have been urbanized around it. Benimaclet still maintains the essence of the village it was before it was incorporated as a district of Valencia: an architecture of low houses (two or three floors) with white facades or colorful ceramic tiles, the town square with its respective church and narrow streets. The neighborhood welcomes young students who choose it for its multiculturalism, cheap prices, its gastronomic offer and its proximity to the university; families looking for a quieter residential area; and people who have spent a lifetime in the same house. Within the boundaries of the neighborhood is the orchard of the municipality of Alboraya.   

15. Rascanya

Located in the north of the city, it is an eminently residential neighborhood. It is known for housing the Levante UD soccer stadium, as well as one of the four shopping centers of the city: the Arena Shopping Center.    

16. Benicalap  

Benicalap was an independent municipality until the end of the 19th century, but it does not maintain the core of other neighborhoods such as Campanar or Benimaclet. Residential neighborhood, whose main attraction is the park of Benicalap, one of the largest green spaces in Valencia (with swimming pool and water park in summer). To the north of this neighborhood is Ciutat Fallera, a mainly industrial district, where many of the workshops where the fallas of Valencia are made can be found   

17. Pobles del Nord

The Poblados del Norte are composed of seven villages that were annexed to Valencia between 1888 and 1900: Benifaraig, Poble Nou, Carpesa, Les Cases de Barcena, Mahuella-Tauladella, Masarrojos and Borbotó. Most of them have their origins in the Andalusian farmhouses that were scattered throughout the Valencian Huerta. Most of them are still surrounded by the Huerta and live from it and from the services (hotel business). Most of its inhabitants are natives. It is the district with the fewest inhabitants in the city since only about 6,000 people live here, and its population has remained more or less stable over the last century.    

18.Pobles de l’Oest

The neighborhood is located to the west of the city. It comprises Benimámet and Beniferri. They have a little more than 15,000 inhabitants. This area houses the “Palacio de Congresos” and the “Feria Valencia”. It is located ten minutes by bicycle from the city.   

19. Pobles del Sud

It includes seven districts in the south of Valencia, and unlike other neighborhoods, they have district mayors. It covers 20 km of coastline of the city of Valencia to the south of the Port of Valencia. It stands out for its natural and ecological value, with its 20 km of beaches (6 beaches), the Saler Natural Park and the Albufera. Although it is the usual residence for about 20,000 inhabitants, it is a beach tourist destination, especially for the population of the city center. In the case of El Palmar, it is a gastronomic destination (around 30 restaurants), but also an ecological (the lagoon), fishing (Albufera) and agricultural (rice) asset.       

 

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Did you find this content useful? Would you like to learn more about the landing process in our city? Find out all practical information you need to know about moving to Valencia in our Welcome Guide: Visa and permits information, Healthcare, Education, Postal Services, Sports, Entertainment options… it is all there!  

Our partner of July couldn’t be other than Marina de Empresas, a vibrant entrepreneurial hub in Valencia, consists of EDEM, Angels, and Lanzadera. These entities work synergistically to offer exceptional education, mentorship, and funding to entrepreneurs. A perfect combination to boost Valencia as a reference innovation hub in Europe:  

  • EDEM: Premier business school offering advanced management and entrepreneurship programs. 
  • Lanzadera: Accelerator that has supported over 1.300 startups. Some of them after visiting Lanzadera as part of our Destination and InnoConect VLC programs, initiatives developed by Invest In Valencia, offering a comprehensive overview of the opportunities our vibrant city has to offer. 
  • Angels: Venture capital firm investing in innovative startups with over 38M€ of accumulated investment and 59 participated companies

    Why Marina de Empresas?

     Their dedication to creating wealth, employment, and fostering entrepreneurship aligns seamlessly with our mission. Their openness to collaboration and substantial contributions make them a cornerstone of Valencia’s business community.

    Founded by Juan Roig, the visionary behind Mercadona, Marina de Empresas embodies his legacy of promoting entrepreneurship and economic growth. Roig’s commitment to nurturing talent and innovation has left an indelible mark on Valencia’s business landscape. 

Marina de Empresas is embarking on exciting expansion plans to further bolster Valencia’s entrepreneurial ecosystem. This expansion will enhance their capacity to support startups and foster innovation.

Our team recently visited our partners at their stunning location in Marina de Valencia. Toni Villuendas, Investment Analyst at Angels Capital, shared detailed insights and his vision on our fruitful collaborative relationship. This visit highlighted the strong synergy between our teams and reinforced our commitment to driving innovation and growth together.

https://youtu.be/WmteNQwsVcs

 

 

 

Valencia’s universities are renowned for their exceptional quality, earning high praise both nationally and internationally. With their robust educational programs, diverse study options, and cutting-edge research initiatives, Valencia has emerged as a premier destination for international students seeking top-notch academic experiences. 

Students in Valencia benefit from not only superior academic training but also ample professional prospects. The city boasts a dynamic support network for entrepreneurs and startups, complemented by job placement programs designed to retain top talent and tackle contemporary challenges.  

Valencia’s renowned institutions, such as the Universitat de València (UV) and the Universitat Politècnica de València (UPV), are highly sought after. UV leads Europe in hosting Erasmus students, while UPV’s international student enrollment stands at approximately 8% of its total student body.    

Universities at the Pinnacle of National and Global Rankings 

In the latest U-Ranking, produced by the BBVA Foundation and the Valencian Institute of Economic Research (IVIE), the Universitat Politècnica de València (UPV) has been named the best university in Spain. This ranking evaluates 70 Spanish universities, including both public and private institutions. The Universitat de València also ranks among the top 10 universities in Spain. 

Both UPV and UV continue to shine on the global stage. 

  • They are ranked among the top 500 universities worldwide according to the Academic Ranking of World Universities (ARWU), commonly known as the Shanghai ranking. Notably, UPV is recognized as Spain’s leading polytechnic institution. Furthermore, UV excels in the Global Ranking of Academic Subjects (GRAS) by Shanghai, placing among the top 50 worldwide in Remote Sensing, Business Administration, Food Science and Technology, and Tourism. 
  • Both universities also rank within the top 500 globally in sustainability, according to the QS World University Rankings, which assesses institutions based on governance, environmental impact, and social responsibility.   

Advancing Education with Innovative Programs 

Valencia’s universities continue to evolve, expanding their educational offerings to meet the demands of a rapidly changing world. For the 2024/2025 academic year, new programs will include three undergraduate degrees, 27 master’s degrees, and six doctoral programs.   

The International University of Valencia will introduce degrees in Logistics and Transport Management, Physics, and Data Science and Artificial Intelligence, along with new doctoral programs in Public Health, Community Health and Addictions, and Data Science and Big Data.  

Valencia city will see a concentration of new master’s degrees: 10 from the Universidad Internacional de Valencia, 7 from the Universitat de València, 5 from the Universidad Europea de Valencia, 2 from the UPV, and 1 from the Universidad Católica San Vicente Mártir. This expansion includes cutting-edge programs in New Technologies and Energy Efficiency, Robotics and Process Automation, and Digital Society. 

These additions reflect a strong commitment to aligning educational offerings with private sector needs and staying ahead of technological trends.   

Pioneering Initiatives and Technological Advancements 

In April, Valencia’s educational institutions launched three new “Cátedra Chips” focused on microelectronics and semiconductors, supported by over €13 million in government funding—nearly 30% of the total allocated for this initiative. This program was unveiled at the inaugural València Silicon Forum. 

Additionally, the UPV has recently established the Cátedra of Innovation in Esports and Active Gaming, a pioneering initiative aimed at advancing research and development in the video game and e-sports industry. Developed in partnership with Las Naves, the City Council’s center for social and urban innovation, this project seeks to bridge traditional and e-sports through advanced simulation and active gaming technologies.

A Thriving Hub for ICT Talent 

Valencia is solidifying its status as a leading technological and innovation hub in the Mediterranean, partly due to its pool of skilled technological talent. The region graduates over 3,500 engineers and computer scientists annually and boasts one of Spain’s lowest labor turnover rates (11.7%), making it an attractive location for companies seeking to invest and establish a presence. 

For more detailed information on ICT talent availability and demand in Valencia, check out our recent article on Invest In Valencia

Attracting Global Talent and Investment 

Valencia stands out not only for its educational excellence but also as a magnet for international talent and innovative businesses. The city’s high quality of life, rich cultural heritage, and strong professional opportunities make it an ideal destination for students and professionals alike. 

 

The Invest in Valencia professional team is dedicated to the city’s development. Our commitment and care shine through in every project we undertake, celebrating each achievement of the companies we support as if they were our own. 

Recently, we have been particularly proud of two outstanding business achievements that have generated remarkable local and national impact, both for their size and innovation: UMIbeach, the smart robot designed for beach cleaning and developed by Umibots, and ShibataFenderTeam‘s new expansion initiative. 

UMIbeach: Cutting-Edge Technology from an Aftercare Event  

Effective networking is key to our work. Weekly, our team participates in numerous events, including those organized by our partners, specialized trainings, national and international technology and innovation congresses, trade fairs, and meetings with potential investors. Our agenda is always active, as seen on our social networks. 

As part of the AFTERCARE program, which we offer to foreign companies in Valencia, we organize quality networking events on a recurring basis, always with a touch of originality and interest. Doing business is not incompatible with having fun, and we know that in a relaxed atmosphere, the best conversations are held, revealing the needs of other companies in the ecosystem and creating successful synergies. 

 At one of these Aftercare events, Siemens Mobility and Umibots connected, leading to the creation of UMIbeach, an intelligent robot for cleaning beaches that a few months ago we already advanced in Invest in Valencia. This innovation premiered in the Urban Sandbox of Valencia, a pillar of the Valencia Innovation Capital strategy. This ordinance, a pioneer in Spain and Europe launched by the Valencia City Council, allows the entire city to be used as a real scenario to test new products and services, aiming for market succes. 

 During a live demonstration, UMIbeach,  affectionately known as the Roomba of the beach, showcased its capabilities. Local and national media covered the event, which was attended by the city Mayor María José Catalá and Councilor for Tourism, Innovation and Investment Attraction Paula Llobet. They praised UMIbeach for its role in maintaining clean beaches, aligning with the Green Capital 2024 initiative. 

 

ShibataFenderTeam: €7 Million Investment in the Province

At Invest in Valencia we continue supporting national and international companies established in our city with all our office services. A notable example is ShibataFenderTeam, a world leader producer of marine foam fenders based in Germany, which decided to take the leap and go from having a small team in Valencia to building the fourth factory in its portfolio.  

We provided them with all the necessary support to define their real estate strategy. To this end, we put them in contact with the most cutting-edge professionals. Inmoking, as real estate experts, successfully identified the ideal location, and construction began in June in Sollana, 25 km from the port of Valencia.

 This operation translates to 10,000 square meters of facilities, a €7 million investment, and 30 new jobs. The groundbreaking ceremony was attended by government representatives such as the regional secretary of Industry and Trade, Felipe Carrasco, who highlighted the “dragging effect of the establishment of companies of this entity in our territory, which undoubtedly results in excellent investment figures”, and Ester Olivas, Generalitat Valenciana general director of Entrepreneurship and Internationalization. 

 The Importance of a Strong Collaborative Network  

The successes of Umibots with Siemens Mobility and ShibataFenderTeam illustrate the vital role of collaboration within Valencia’s vibrant technological and innovative ecosystem. These partnerships showcase how effective networking and cooperation drive significant advancements and economic growth. 

At Invest in Valencia, we strive to be the key facilitator, promoting our companies, fostering synergies, and attracting new success stories to our city. We build bridges to business success and remain a driving force for innovation and collaboration in Valencia. 

 

The Italian startup Thimus, a pioneer in the use of cultural neuroscience applied to food, has settled in La Harinera, the innovation center of the City of Valencia, with the support and advice of Invest in Valencia, the investment office of the City Council and the Chamber of Commerce of Valencia.

The founder and CEO of Thimus, Mario Ubiali, presented his project and gave a live demonstration of his technology, which allows obtaining and analyzing brain data in real time to transform it into knowledge about the behavior and preferences of consumers. The company defines itself as a unique tool that helps the world to better understand the human experience with food through neuroscience.

This innovative technology makes it possible to scientifically understand how humans perceive the texture, fragrance and taste of food, and to use this data to better understand the complex relationship between the brain, culture and behavior in the gastronomic field.

The presentation ceremony was attended by the Councilor for Tourism, Innovation and Investment Attraction of the City of Valencia, Paula Llobet, who explained that “this is the type of company we want to attract to Valencia, with talent and innovative technology that will help us solve the challenges we have as a city. The data obtained with this technology will allow companies in the agri-food sector, a very important sector for our territory, to make more efficient and effective decisions and improve the consumer’s gastronomic experience”.

https://youtu.be/6WXkmqPH3q4

 

For his part, the CEO of Thimus, Mario Ubiali, said that “the opening of our House Of Humans in Valencia is incredibly exciting and represents the culmination of a long journey. For the past 5 years Thimus has explored the powerful ecosystem of Valencia and learned how the special energy around food innovation seems to be concentrated in this magical city. Having a point of presence here is just the beginning of successful growth in Spain and we look forward to continuing to join forces with like-minded innovators.”

Innovation and Technology in Valencia

At Thimus’ House of Humans in Valencia, food companies will be able to access advanced technology that provides a scientific understanding of how humans perceive the texture, fragrance and taste of food, as well as the impact of cultural influences on the sensory experience. This combination of neuroscience and data analysis provides a comprehensive framework for improving product creation, consumer research and food product reformulation.

The House of Humans in Valencia will be part of a wider network, which includes presence in Milan, Wageningen (The Netherlands), and Budapest (Hungary).

Thimus has been a prominent participant in ftalks, the international meeting on the future of food created by KM ZERO, since its first edition in Valencia. Invest in Valencia met Thimus in one of its investment attraction actions – during a side event organized in the framework of ftalks 2023. This relationship has been key in attracting Thimus to our city and establishing a solid foundation for its expansion. The startup continues to actively collaborate with KM ZERO and explore further synergies to continue to jointly bring value to the food industry.

The arrival of Thimus in Valencia reinforces our position as a hub for technological innovation. This collaboration is a clear example of how Valencia is becoming a magnet for disruptive companies,” say Invest in Valencia officials.

At the beginning of 2024, Thimus closed a deal with Línea Verde, an Italian food company based in Valencia, reinforcing its decision to create a hub in the city. The startup has ambitious plans to actively integrate itself into Valencia’s innovative ecosystem. It has already prepared new actions with AINIA to explore new opportunities for collaboration and expansion. And it has received support from the Valencia Innovation Capital team to promote its development at La Harinera.

About Thimus

Thimus defines itself as a unique global player that helps the world better understand the human experience with food through neuroscience. With a qualitative and quantitative approach, the company offers support to other companies in the creation, research, quality review and reformulation of food products, using technology that acquires replicable and statistical data to support strategic decisions.

About Invest in Valencia

Invest in Valencia is the investment attraction office of the city of Valencia, the result of a collaboration agreement between the Valencia Chamber of Commerce and the Valencia City Council.

 

 

Our June partner is Valencia Game City, the initiative launched by the Valencia City Council as part of the Valencia Innovation Capital initiative to boost the local video game and esports industry and position Valencia as a leader in the sector. Already 30 companies have joined the project, and it is expected to double the number next year. It counts on an investment of 150,000 € and the direction of Arturo Castelló, CEO of Encom, with an extensive experience organizing events and competitions in the gaming industry, hardware and technology. His resume includes the celebration of more than 10 editions of the successful DreamHack in the city, the largest digital festival in the world, which this year gives a twist in Valencia. 

Hello Arturo, can you give us an overview of Valencia Game City and its main objectives? 

Valencia Game City is a public-private initiative aimed at consolidating Valencia as a leading hub for the video game and esports industry. Its main objectives include strengthening the local industry, fostering innovation and education, promoting tourism and culture, boosting technological development, and using video games and esports as tools for social inclusion. 

What inspired the creation of this project? 

The need to structure a local video game and esports industry with little structure, avoid talent drain, and take advantage of lost opportunities due to the lack of consolidation of previous associative trials. In addition, the social recognition and maturation of the industry together with a tangible and real political will motivated this initiative. 

How does this initiative fit into the city’s broader innovation and economic development strategy? 

Valencia Game City promotes the integration of technology and digital culture in various areas, including health, sports, education, tourism and art. It also fosters public-private collaboration and the creation of a dynamic ecosystem that attracts investment and talent, in line with the Valencia Innovation Capital framework project.   

What are the key milestones and timelines for the development of Valencia Game City? 

Part of the key milestones would be the creation of a corporate identity and the launch of a communication plan, the implementation and dynamization of the Valencia Game City space in La Harinera or the creation of the Chair of Esports and Active Gaming. Other highlights would be the organization of trade missions to international fairs in the sector, the organization of networking and outreach events and meetings here in Valencia. 

What resources and partnerships are being used to support this initiative? 

We have resources such as the La Harinera Innovation Center, which serves as a work and networking space, an economical line for the development of the program and a network of professionals, industry experts, business associations and collaborating entities. 

How are local companies and startups being involved in this initiative? 

Local companies and startups can participate through collaboration networks, events, and networking opportunities. Valencia Game City also promotes group participation in international fairs and events, the launch of awards and challenges related to video game development, and inclusion in training programs and seminars. 

What impact do you expect it to have on the local economy and the work market? 

Valencia Game City is expected to boost the local economy by attracting investment and creating employment opportunities in the video game and esports sector. In addition, it will foster the training of highly competitive professionals and promote the development of emerging technologies, which will contribute to economic growth and job creation in the region. 

How will this initiative enhance Valencia’s reputation nationally and internationally? 

Valencia Game City will enhance Valencia’s reputation by positioning it as a leader in the video game and esports industry, promoting the city as an attractive destination for large-scale events and festivals, fostering collaboration with similar hubs in other cities and countries, and attracting companies and professionals who choose Valencia as a destination to locate. 

How do you see the gaming industry in Valencia in the next 5-10 years? 

It is expected to be even more consolidated, with significant growth in the training of talent, the development of new technologies, and the attraction of investments. Valencia could become an international benchmark, not only in terms of video game and esports production, but also in technological innovation and cultural development. 

What are the biggest challenges ahead of you? 

Promoting the creation of sustainable companies in the video games and esports sector, attracting companies to settle in Valencia, raising awareness in Valencian society about the relevance of this industry, and connecting local talent and gaming companies with the challenges of the city. Addressing these challenges is crucial to ensure the long-term success and sustainability of the initiative. 

 

Talent retention  

As Arturo Castelló mention in the interview, one of the objectives of Valencia Game City is to retain the talent trained in our city. We are not only talking about quantity, but also quality. Have a look to some facts about these two international schools in Valencia:  

Escuela Superior de Arte y Tecnología (ESAT):

This private school has positioned itself as the 1st video game school in Spain, 4th in Europe and 7th worldwide, according to the ranking prepared by the American GAMEducation. Focused on art, design and technology, this university trains professionals in Graphic Design, Video Game Programming, Computer Game Animation, Interactive Digital Graphic Design, Architecture and Building and Landscape Architecture. It is in great demand internationally and has a large practical component.  

Universal Arts School:

International animation and design school with campuses in Valencia and Hollywood that offers masters, double masters and degrees. It specializes in Animation, Video Games, Digital Cinema and Art. With a clear practical approach, several sources rank it as the 15th best animation school in the world, and the first in Spain.  

 

OWN Valencia, the gaming event of the summer    

As part of the Valencia Game City initiative, this major gaming event is set to debut in the city this summer. Inspired by DreamHack, the objective is putting gamers at the forefront again, while delivering an even more immersive and memorable experiences with cutting-edge technology. This event is not only a delight for fans but also a hub for the local and international gaming ecosystem and innovation. It will serve as a catalyst for industry development, fostering connections and driving growth. 

Some of the highlights of the program that will take place in July (5 to 7th):  

– LVP-Liga de Videojuegos Profesional Superliga doubleheader. 

– VALORANT Finals 

– OWN Connect (B2B professional talks),  

– First edition of the Phygital Games in Spain. 

– Podcasts 

– Unreal Series Fornite 

– VR Masters Final 

– Open tournaments of Pokèmon, Tekken…  

– Women’s Gaming CUP,  

– SIM Racing…  

 

The video game industry has been shining for years in Valencia, and with the help of Valencia Game City the projection promises to be meteoric. 

 

The Valencian Community, known for its rich history, vibrant culture and stunning coastline, is emerging as a hub of innovation and entrepreneurship in the aerospace sector. This sector is showing significant potential to become a relevant player within the Spanish aerospace landscape.

At the heart of this transformation is the city of Valencia, which is not only the capital of the community, but also the epicenter of a movement that seeks to position the region as a point of reference at national and international level.  All this with the support of institutions, universities and research centers, and the collaboration between companies.

The aerospace industry is a strategic sector that represents almost 7% of Spain’s industrial GDP, and from Espai Aero – the first aerospace association of the Valencian Community – is working to ensure that the Valencian Community represents a high percentage of that turnover and contributes significantly to the industrial and technological fabric of the region.

Regional business fabric: aerospace and aeronautics

The Valencian space sector is marked by the presence of small and medium-sized enterprises (SMEs) covering a wide range of the value chain. Although each segment has a limited number of companies, this diversity is a potential strength, as it encourages specialization and collaboration.
PLD Space, based in this region, is a clear example of the dynamism of the space sector. The company has secured an investment of €120 million – of which €42 million from the PERTE of a Spanish space launcher, driven by the Government of Spain, which the company won at the end of January 2024. Such investment reflects confidence in its potential to make a significant contribution to the sector. With the successful launch of its Miura 1 rocket and the planning of the Miura 5, PLD Space is positioned as a driving force in the industry, supporting the vision of the Valencian Community to become an aerospace innovation hub.

In terms of the aeronautics sector, the region stands out for its competence in MRO (maintenance, repair and operations). Although there is a notable absence of original equipment manufacturers (OEMs) and Tier 1 tractor companies (TIER1), the Valencian Region sees a significant opportunity in the UAV/drone sector. With accumulated experience in MRO, Valencian companies are well positioned to take advantage of the growing drone market, especially in commercial and surveillance applications.

Aerospace cluster

In this evolving context of the aerospace industry, Espai Aero – the first aerospace association of the Valencian Community – is born, a clear example of the ambition and collaborative spirit that drives the sector. Its objective is clear: to develop a comprehensive strategy to boost the growth of the aerospace sector in the Valencian Community, working in close collaboration with all relevant stakeholders, from companies, cross-cutting entities, government agencies to educational institutions and research centers.

Based in the city of Valencia, where most of the entities are located, they have grown from 6 to 20 partners in a single year: 2 startups, 2 universities, 1 public institution, 2 technology centers and 13 companies. Expectations go much further, since in the mapping that they update regularly, there are 80 companies that could contribute to the sector (63% in Valencia).

One of the companies to join this Association has been Deimos Space, an Invest in Valencia success story. The company specializes in a wide range of activities within the aerospace and engineering sector. Its focus ranges from design, project and development to production, construction and assembly of aerospace systems.

The president of Espai Aero and CEO of Comet Ingeniería, Pepe Nieto, highlights the unprecedented growth of SMEs in the space sector in the Valencian Community and the importance of joining as an association to generate synergies and join efforts. This collaboration is key for industrial and technological development, as well as for the creation of high added value employment in the region.

Here is the complete list of partners: NAX, ARKADIA SPACE, COMET INGENIERIA, PLD SPACE, ORBITAL EOS, FENTISS, UPV, UJI, AIDIMME, AIMPLAS, WEITEC, LOGO 2, CALSENS, DEIMOS, FI GROUP, AEROCAS, ABIONICA, URJATO, BOLLORE LOGISTICS, EQUIP ELECTRONICS.

Universities

The universities of the Valencian Community are pillars of knowledge and experience in the aerospace sector. They offer specialized educational programs and host active research groups at the forefront of aerospace technology.

The city of Valencia is home to the School of Aerospace Engineering and Industrial Design (ETSIADI) of the Universitat Politècnica de València (UPV), where the aeronautical engineering degree has been taught since the 2005/2006 academic year. As well as the Master’s Degree in Aeronautical Engineering. This institution has been instrumental in the training of a hundred engineers annually, who are contributing to the growth and innovation of the sector.

An outstanding example of active research groups is the UPV’s drone group, which not only contributes to the development of drones in the region, but also drives innovation at a national level.

Valencia also boosts entrepreneurship, and in fact there are already several spin-offs in the sector that have emerged from the UPV, such as fentISS, which specializes in the development of system software for critical real-time systems onboard satellites, and DAS Photonics, which develops products based on photonic technology.

Conclusion

In summary, the Valencian Community, with Valencia at the forefront, is positioning itself as a center of excellence in the aerospace sector. Through education, innovation and collaboration, it is laying the foundations for a bright future in which the sky is not the limit, but the starting point towards new frontiers and opportunities.

Our partner of the month for May, BDO, is a great ally for both foreign investors and Spanish companies seeking internationalization. Like Invest in Valencia, the key to their global success lies in collaboration. This spirit of cooperation is why we’re dedicating this space in our blog to them. 

BDO Valencia is led by Javier Gómez-Ferrer, partner and head of the Valencia office. He is joined by Lucía Segarra and Víctor Gisbert, forming a multidisciplinary, young, and dynamic team. Their strength? Adaptability, the great challenge of our times! They excel by constantly adapting to different sectors and environments, focusing on clients, their needs, and their growth to constructively face new challenges. And the formula is working—2024 is proving to be a particularly productive year for BDO Valencia. 

 

We spoke with Javier, Lucía, and Víctor to gain their professional insights on the keys to successfully investing and starting a business in our city. 

 1. Valencia as a magnet for foreign investment

According to Javier Gómez-Ferrer: “without a doubt, Valencia is a very attractive place for foreign investors. It is increasingly becoming a city where different industries, professionals, and talent converge. Its geographic location, climate, and quality of life significantly attract innovative talent.”

2. What investors need to know

“It is important for those who want to establish a stable project here to have the peace of mind that comes with quality legal advice. This allows them to focus on the business while relying on the legal security provided by a team like ours,” continues Javier.

3. Experience and globalization for goreign investors

“Helping foreign companies establish themselves in Valencia—either through the incorporation of subsidiaries or through M&A—is part of our daily work. Equally, we assist Valencian companies seeking internationalization. Knowledge of applicable regulations, previous experience, and a good relationship with BDO’s global network are fundamental to our success. Often, foreign clients need a liaison with local institutions. We understand their needs and strive to provide comprehensive services,” says Lucía Segarra Cobo, director of the legal department in Valencia.

4. The importance of business partners

“It’s about establishing a relationship of trust with the client and providing solutions to ensure the best possible user experience,” continues Lucía.

5. Avoid main obstacles for investors

For Víctor Gisbert, Director of the Tax and Outsourcing area, “any company implementation in Spain involves tax and accounting challenges, employee postings, payroll, etc. At BDO, we coordinate the various areas involved to ensure the process is as efficient as possible. This relieves clients of bureaucratic burdens and advises them on the best tax strategies for optimal resource utilization.”

6. Advantages of Valencia compared to Other Spanish Cities

“Significant steps have been taken to make Valencia competitive from a fiscal standpoint, with key modifications to regional taxes, such as significant reductions in the Inheritance and Donations Tax, and interesting tax reductions by the City Council of Valencia. The more fiscally competitive we are, the easier it will be for Valencia to stand out as a prime location for business implementation,” Gisbert concludes.

7. Dialogue with Institutions

Finally, Javier Gómez-Ferrer stresses the importance of having the right allies. “Our relationship with Invest in Valencia is a significant asset to our services. It’s a great institutional initiative that offers our clients a direct dialogue with Valencian institutions, providing confidence and security for local implementation. We’re delighted to support Invest in Valencia with our legal and tax advice to potential investors in the city. This partnership not only aligns with our work but also contributes to making Valencia more open, dynamic, and innovative.” 

 

The German company Otto Group Solution Provider (OSP) has inaugurated its new office in Valencia. This significant event was organized by our office, represented by Project Manager Guillermo Sánchez, and chaired by OSP directors Leticia Vila-Coro and Viviana Troccoli. The ceremony was attended by key figures such as Ester Olivas, General Director of Entrepreneurship and Internationalization; Paula Llobet, Councilor of the City of Valencia; José Vicente Morata, President of Cámara Valencia; and Luz Martínez, Director of Cámara Internacional.

During the meeting, the company’s detailed expansion plans were discussed, highlighting OSP’s implementation in Valencia. Since opening their new headquarters, they have already employed 25 people and have new vacancies available.

Ester Olivas congratulated OSP for choosing Valencia, emphasizing the Generalitat’s efforts to position the Valencian Community as a premier destination for business development. She stated, “The Valencian Community is a first-class reference for the development of business projects, capable of hosting all kinds of projects.”

Headquartered in Dresden with seven other offices across Europe and Asia, OSP is more than just a technology company. It drives IT projects and software development for the Otto Group and other companies in omnichannel, e-commerce, mobile, and logistics fields.

Since its founding in 2018, OSP Spain has experienced steady growth, with offices in Madrid and Malaga, and now, a new hub in Valencia. Employing over 150 people, the company specializes in areas such as Software Engineering, Software Development, Business Intelligence, Business Analysis & PO, SAP, Agile Coaching, and UX/UI Design.

OSP Spain’s project in Valencia has received substantial support from Invest in Valencia, the city’s investment attraction office. This success story further consolidates Valencia as an attractive and competitive investment destination.

Valencia: A Commitment to Growth

OSP Spain’s recent expansion to Valencia has proven to be a strategic success, with the company now employing 25 people in the new hub. To sustain and encourage this growth, OSP Spain is implementing several strategies to expand its team in Valencia further. The new hub not only enhances the company’s regional presence but also underscores its commitment to innovation and excellence in IT services.

Leticia Vila-Coro, Managing Director of OSP Spain, commented, “We chose Valencia because of the quality of professionals, especially in the IT sector. Our next steps here are linked to growth and collaboration with OSP and other companies in the group.”

The project has been advised by Inmobiliaria Calatayud.

About Otto Group

The Otto Group, a German multinational, began as a catalog sales company in Hamburg and has evolved into an international conglomerate with 30 major companies, over 50,000 employees, and operations in more than 20 countries. The group operates in sectors such as retail, e-commerce, financing, logistics, and mail order, excelling in B2C e-commerce, particularly in fashion and wellness, with around 100 online stores worldwide. The group’s focus is on responsible e-commerce and innovation.

The first episode of our new podcast features Paula Montesa and Ximo Barrachina from MaibornWolff’s Valencia office, a German tech company that rapidly expanded to 45 employees in three years and one of Invest in Valencia’s Success Stories. 

David Valls, Invest in Valencia’s project manager, brilliantly engages in a very interesting conversation with Paula, who displays the office’s inception and challenges, while Ximo shares insights into the company culture and personal growth. They also outline future plans for growth and discuss Valencia’s potential as a tech hub. Overall, it offers valuable insights for those interested in international team building and Valencia’s appeal to tech companies.

You can also listen to it on Spotify and Apple Podcasts

Don’t miss out!

https://www.youtube.com/watch?v=vl4_MtODWoE

The Invest in Valencia Podcast is produced by the team at Spectral. If you’re a founder or investor who wants to create compelling content and build your personal brand, you can email Spectral’s founder Yash at yash@spectral.to

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