The Valencian Community is an autonomous community of Spain, located along the Mediterranean Sea. This coastal region borders Catalonia, Aragon, Castile-La Mancha, and the Region of Murcia, rising from the sea to its highest point at Cerro Calderón.
Property prices in the Valencian Community are higher than the average for Spain. Torrevieja holds the largest share of the region's housing stock, followed by the city of Valencia and then Orihuela. Prices vary significantly between these areas, with Torrevieja being relatively inexpensive compared to the regional average, while Orihuela is costlier. Benidorm and Finestrat hold much smaller shares of the market but are the most expensive places to buy, with Finestrat commanding prices far higher than those found in the regional capital of Valencia or the working city of Elche.